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Power Solutions International (OTCMKTS:PSIX) Stock Price Passes Above 50-Day Moving Average - Here's Why

Power Solutions International logo with Auto/Tires/Trucks background

Shares of Power Solutions International, Inc. (OTCMKTS:PSIX - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $35.93 and traded as high as $59.48. Power Solutions International shares last traded at $59.37, with a volume of 601,957 shares trading hands.

Power Solutions International Trading Up 12.6%

The firm has a market capitalization of $1.37 billion, a P/E ratio of 25.16 and a beta of 1.26. The business's 50 day simple moving average is $35.93 and its two-hundred day simple moving average is $32.88.

Power Solutions International Company Profile

(Get Free Report)

Power Solutions International, Inc designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally. The company offers engine blocks integrated with fuel system parts, as well as completely packaged power systems, that include combinations of front accessory drives, cooling systems, electronic systems, air intake systems, fuel systems, housings, power takeoff systems, exhaust systems, hydraulic systems, enclosures, brackets, hoses, tubes, packaging, telematics, and other assembled componentry.

Further Reading

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