Power Solutions International, Inc. (NASDAQ:PSIX - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $79.00 and last traded at $76.62, with a volume of 116594 shares. The stock had previously closed at $75.65.
Wall Street Analysts Forecast Growth
Separately, Craig Hallum reissued a "buy" rating on shares of Power Solutions International in a research report on Tuesday, March 25th.
View Our Latest Stock Analysis on PSIX
Power Solutions International Price Performance
The company has a current ratio of 1.16, a quick ratio of 0.67 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.98 billion, a P/E ratio of 24.44 and a beta of 1.39. The business's fifty day moving average is $53.87 and its 200 day moving average is $38.98.
Power Solutions International (NASDAQ:PSIX - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.83 EPS for the quarter. The company had revenue of $135.45 million for 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
Hedge funds have recently modified their holdings of the stock. Wolff Wiese Magana LLC bought a new stake in shares of Power Solutions International in the 2nd quarter worth approximately $26,000. Vestcor Inc purchased a new position in Power Solutions International in the 1st quarter valued at approximately $29,000. Wells Fargo & Company MN purchased a new position in Power Solutions International in the 4th quarter valued at approximately $33,000. Heck Capital Advisors LLC purchased a new position in Power Solutions International in the 4th quarter valued at approximately $94,000. Finally, Farther Finance Advisors LLC grew its stake in Power Solutions International by 88.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,651 shares of the company's stock valued at $107,000 after buying an additional 773 shares in the last quarter. Institutional investors own 22.28% of the company's stock.
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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