Shares of Power Solutions International, Inc. (NASDAQ:PSIX - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $93.50 and last traded at $93.50, with a volume of 9516 shares. The stock had previously closed at $90.00.
Analyst Ratings Changes
Separately, Craig Hallum restated a "buy" rating on shares of Power Solutions International in a research report on Tuesday, March 25th.
Get Our Latest Report on Power Solutions International
Power Solutions International Price Performance
The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 26.95 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.67 and a current ratio of 1.16. The company has a 50 day moving average of $55.07 and a 200 day moving average of $39.54.
Power Solutions International (NASDAQ:PSIX - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.83 earnings per share (EPS) for the quarter. Power Solutions International had a return on equity of 141.76% and a net margin of 15.74%. The company had revenue of $135.45 million for the quarter.
Institutional Trading of Power Solutions International
Several large investors have recently added to or reduced their stakes in PSIX. Wolff Wiese Magana LLC acquired a new position in shares of Power Solutions International during the second quarter valued at approximately $26,000. Kathmere Capital Management LLC acquired a new position in Power Solutions International in the second quarter valued at approximately $226,000. Perigon Wealth Management LLC acquired a new stake in Power Solutions International in the second quarter worth $322,000. Farther Finance Advisors LLC increased its position in shares of Power Solutions International by 88.0% during the second quarter. Farther Finance Advisors LLC now owns 1,651 shares of the company's stock worth $107,000 after acquiring an additional 773 shares in the last quarter. Finally, Bay Rivers Group bought a new position in shares of Power Solutions International in the 2nd quarter valued at about $233,000. 22.28% of the stock is currently owned by institutional investors and hedge funds.
About Power Solutions International
(
Get Free Report)
Power Solutions International, Inc engages in the design, manufacture, and trade of power systems and electrical power generation equipment. The firm provides integrated turnkey solutions to global original equipment manufacturers and end-user customers within the energy, industrial, and transportation end markets.
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