Power Solutions International, Inc. (NASDAQ:PSIX - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $79.00 and last traded at $76.62, with a volume of 116594 shares traded. The stock had previously closed at $75.65.
Wall Street Analyst Weigh In
Separately, Craig Hallum restated a "buy" rating on shares of Power Solutions International in a report on Tuesday, March 25th.
Read Our Latest Research Report on PSIX
Power Solutions International Stock Up 7.1%
The firm has a market cap of $2.07 billion, a P/E ratio of 25.23 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 firm's fifty day moving average is $55.07 and its 200 day moving average is $39.40.
Power Solutions International (NASDAQ:PSIX - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.83 EPS for the quarter. The company had revenue of $135.45 million during the quarter. Power Solutions International had a net margin of 15.74% and a return on equity of 141.76%.
Institutional Investors Weigh In On Power Solutions International
A number of institutional investors have recently modified their holdings of PSIX. Citadel Advisors LLC purchased a new stake in Power Solutions International during the fourth quarter worth about $366,000. Ritholtz Wealth Management bought a new position in shares of Power Solutions International in the first quarter valued at approximately $1,008,000. D.A. Davidson & CO. bought a new stake in Power Solutions International during the first quarter valued at approximately $257,000. O Shaughnessy Asset Management LLC bought a new stake in Power Solutions International during the fourth quarter valued at approximately $2,168,000. Finally, Perritt Capital Management Inc bought a new stake in Power Solutions International during the fourth quarter valued at approximately $446,000. 22.28% of the stock is owned by institutional investors.
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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