Shares of Power Solutions International, Inc. (OTCMKTS:PSIX – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.85 and traded as high as $19.70. Power Solutions International shares last traded at $18.86, with a volume of 56,784 shares.
Wall Street Analyst Weigh In
Separately, Craig Hallum boosted their price target on shares of Power Solutions International from $10.00 to $22.00 and gave the company a “buy” rating in a report on Wednesday, August 14th.
Get Our Latest Stock Analysis on Power Solutions International
Power Solutions International Stock Performance
Power Solutions International (OTCMKTS:PSIX – Get Free Report) last announced its quarterly earnings data on Monday, August 12th. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.36. Power Solutions International had a return on equity of 1,360.71% and a net margin of 10.51%. The firm had revenue of $110.59 million during the quarter.
About Power Solutions International
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.
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