Power Solutions International Inc (NASDAQ:PSIX) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: November 28, 2016
Having a price of $13.97, Power Solutions International Inc (NASDAQ:PSIX) traded -0.07% lower on the day. With the last stock price up 1.12% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. PSIX has recorded a 50-day average of $10.98 and a two hundred day average of $13.82. Trade Volume was down over the average, with 0 shares of PSIX changing hands under the typical 53,089
Zacks Investment Research has downgraded Power Solutions International Inc (NASDAQ:PSIX) to Sell in a statement released on 11/29/2016.
On 02/23/2016, Wunderlich released a statement about Power Solutions International Inc (NASDAQ:PSIX) dropped the target price from $23.00 to $18.00 that suggested an upside of 1.01%.
Recent Performance Chart
Power Solutions International Inc has PE ratio of 142.55 with a one year low of $7.63 and a one year high of $24.52 and has a market capitalization of $0.
A total of 7 brokers have issued a research note on the company. 1 broker rating the stock a strong buy, 4 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $16.14.
More About Power Solutions International Inc (NASDAQ:PSIX)
Power Solutions International, Inc. is a producer and distributor of a range of low-emission power systems that run on non-diesel fuels, such as natural gas, propane and gasoline. The Company's industrial power systems are used by original equipment manufacturers (OEMs) in a range of industries with a diversified set of applications, including stationary electricity generators, oil and gas equipment, forklifts, aerial work platforms, industrial sweepers, arbor equipment, agricultural and turf equipment, aircraft ground support equipment, construction and irrigation equipment, and other industrial equipment. The Company provides alternative fuel power systems for OEMs of off-highway industrial equipment and on-road medium trucks and busses. In addition to its emission-certified power systems, the Company produces and distributes non-emission-certified power systems for industrial OEMs for particular applications in markets without emission standards.
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