Power Solutions International (OTCMKTS:PSIX) Sets New 52-Week High – Here’s What Happened

Power Solutions International, Inc. (OTCMKTS:PSIX) reached a new 52-week high during trading on Thursday . The stock traded as high as $26.10 and last traded at $25.96, with a volume of 176216 shares changing hands. The stock had previously closed at $23.90.

Analyst Ratings Changes

Separately, Craig Hallum raised their price target on shares of Power Solutions International from $10.00 to $22.00 and gave the stock a “buy” rating in a research report on Wednesday, August 14th.

Power Solutions International Stock Performance

The company has a market capitalization of $643.72 million, a P/E ratio of 14.36 and a beta of 0.92. The firm has a 50 day moving average price of $21.04 and a two-hundred day moving average price of $12.89.

Power Solutions International (OTCMKTS:PSIX) last announced its quarterly earnings data on Monday, August 12th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.36. The firm had revenue of $110.59 million for the quarter. Power Solutions International had a return on equity of 1,360.71% and a net margin of 10.51%.

Power Solutions International Company Profile

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.