Power Solutions International Inc (PSIX) saw an uptrend of 542706% in the recent trading with $349180.0 being its most recent. The current price level 3.06% lower than the highest price of $62.50 marked by the stock while trading over the past 52-weeks, whereas it is 936.75% higher than the lowest price of $6.21 the company dropped to over past 52-weeks. The latest news story on PSIX appeared in (GlobeNewswire) under the title “Power Solutions International Set to Join Russell 3000, Russell 2000, and Russell Microcap Indexes” on Jun-09-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Power Solutions International Inc Earnings – What Happened With PSIX
Coming around sales and income figures on PSIX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Power Solutions International Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 23.01 million. PSIX does have institutional investors; and they hold 13.65% of the stock.
As on 2024-06-30, GAGNON SECURITIES LLC was the top most holder in Power Solutions International Inc (NASDAQ:PSIX) with an ownership of 1.28 million shares of the company or 5.5833 of the stake worth $8.16 million. The filing also reveals GAGNON ADVISORS, LLC as the second largest holder in the company with a control over 3.2984 of the outstanding shares. Its stake is worth $4.82 million for having 0.76 million shares in hand.
S SQUARED TECHNOLOGY, LLC also came holding a key position in the company during the recent quarter and it now holds 3.0038 of the outstanding shares. With this there are now 78.0 institutions which have possession in PSIX’s shares.
Key Metrics forPSIX
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Power Solutions International Inc has a debt to equity ratio of 1.82.
Technical Analysis of Power Solutions International Inc (NASDAQ:PSIX) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Power Solutions International Inc (PSIX), we notice that the stock’s 20-day average volume is at 359,535 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 329,458 shares. And to end, PSIX’s 100-day average volume is 327,163 shares with 100% of the long-term indicators pointing towards Buy for the stock.
