The trading price of Power Solutions International Inc (NASDAQ:PSIX) closed higher on Tuesday, March 25, and closing at $31.96, 7.14% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $27.764 and $37.31. The company’s P/E ratio in the trailing 12-month period was 10.61. In examining the 52-week price action we see that the stock hit a 52-week high of $45.74 and a 52-week low of $2.00. Over the past month, the stock has lost -2.86% in value.
Power Solutions International Inc, whose market valuation is $735.33 million at the time of this writing, is expected to release its quarterly earnings report on 2025-Mar-23. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest PSIX has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that PSIX’s price is currently 3.88% off the SMA20 and -9.49% off the SMA50. The RSI metric on the 14-day chart is currently showing 49.52, and weekly volatility stands at 13.75%. When measured over the past 30 days, the indicator reaches 11.95%. Power Solutions International Inc (NASDAQ:PSIX)’s beta value is currently sitting at 0.72, while the Average True Range indicator is currently displaying 3.71. With analysts defining $37-$37 as the low and high price targets, we arrive at a consensus price target of $37 for the trailing 12-month period. The current price is about -15.77% off the estimated low and -15.77% off the forecast high, based on this estimate. Investors will be thrilled if PSIX’s share price rises to $37, which is the median consensus price. At that level, PSIX’s share price would be -15.77% below current price.
To see how Power Solutions International Inc stock has been performing in comparison to its peers in the industry, here are the numbers: PSIX stock’s performance was 7.14% in the latest trading, and 1379.63% in the past year. Power Solutions International Inc has a P/E ratio of 10.61.
An evaluation of the daily trading volume of Power Solutions International Inc (NASDAQ:PSIX) indicates that the 3-month average is 316.93K. However, this figure has increased over the past 10 days to an average of 0.39.
Currently, records show that 23.00 million of the company’s shares remain outstanding. The insiders hold 74.77% of outstanding shares, whereasinstitutions hold 8.23%. The stats also highlight that short interest as of 2025-02-28, stood at 0.17 million shares, resulting in a short ratio of 0.55 at that time. From this, we can conclude that short interest is 318.00 of the company’s total outstanding shares. It is noteworthy that short shares in February were up slightly from the previous month’s figure, which was 0.13 million. However, since the stock’s price has seen 7.43% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
