Pioneer Power Solutions, Inc. (OTCMKTS:PPSI) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Friday.

According to Zacks, “Pioneer Power Solutions, Inc. is specialty manufacturer of electrical transmission and distribution equipment. The company provide solutions in the utility, industrial and commercial segments of the electrical transmission and distribution industry. It operates primarily in the U.S., Canada and Mexico. Pioneer Power Solutions, Inc. is headquartered in Fort Lee, New Jersey. “

Several other equities research analysts have also recently weighed in on PPSI. ValuEngine cut Pioneer Power Solutions from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Roth Capital reissued a “buy” rating and issued a $8.00 price target on shares of Pioneer Power Solutions in a research note on Tuesday, August 15th.

Pioneer Power Solutions (OTCMKTS:PPSI) opened at $7.00 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.10 and a quick ratio of 0.46. The company has a market capitalization of $41.35, a PE ratio of 9.42 and a beta of -856.96. Pioneer Power Solutions has a 1 year low of $5.51 and a 1 year high of $7.00.

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Pioneer Power Solutions Company Profile

Pioneer Power Solutions, Inc manufactures, sells and services a range of specialty electrical transmission, distribution and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. The Company operates through two segments: Transmission & Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power).

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