Favorable Press Coverage Extremely Likely to Affect Power Solutions International (PSIX) Stock Price
Press coverage about Power Solutions International (NASDAQ:PSIX) has been trending positive recently, according to Alpha One Sentiment Analysis. The research firm, a division of Accern, ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Power Solutions International earned a daily sentiment score of 0.42 on Alpha One’s scale. Alpha One also gave headlines about the company an impact score of 93 out of 100, indicating that recent press coverage is extremely likely to have an impact on the stock’s share price in the next several days.
Power Solutions International (NASDAQ:PSIX) traded down 4.37% on Friday, hitting $7.00. 128,795 shares of the stock were exchanged. The company’s 50 day moving average is $7.36 and its 200 day moving average is $8.63. The stock has a market cap of $76.15 million, a PE ratio of 71.43 and a beta of 2.81. Power Solutions International has a 1-year low of $2.76 and a 1-year high of $20.97.
A number of research firms have recently issued reports on PSIX. Zacks Investment Research downgraded shares of Power Solutions International from a “hold” rating to a “sell” rating in a research report on Saturday, April 1st. Barrington Research upgraded shares of Power Solutions International from an “underperform” rating to a “market perform” rating in a research report on Wednesday, March 29th. Lake Street Capital upgraded shares of Power Solutions International from a “sell” rating to a “hold” rating and set a $9.00 price target on the stock in a research report on Tuesday, March 28th. Craig Hallum restated a “buy” rating on shares of Power Solutions International in a research report on Tuesday, March 28th. Finally, Wunderlich downgraded shares of Power Solutions International from a “buy” rating to a “hold” rating and set a $18.00 price target on the stock. in a research report on Monday, February 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $16.83.
Power Solutions International Company Profile
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.
Receive News & Stock Ratings for Power Solutions International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Solutions International Inc and related stocks with our FREE daily email newsletter.