Powell Industries, Inc (NASDAQ:POWL) shares, rose in value on Friday, May 09, with the stock price down by -1.79% to the previous day’s close as strong demand from buyers drove the stock to $174.77.
Actively observing the price movement in the last trading, the stock closed the session at $177.96. The PE ratio was 12.29 over 12-month period. Referring to stock’s 52-week performance, its high was $364.98, and the low was $127.01. On the whole, POWL has fluctuated by -4.59% over the past month.
With the market capitalization of Powell Industries, Inc currently standing at about $2.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.06, with its dividend yield at 0.61%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that POWL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of POWL currently trading nearly -2.14% and -0.22% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.87, while the 7-day volatility ratio is showing 5.12% which for the 30-day chart, stands at 5.04%. Furthermore, Powell Industries, Inc (POWL)’s beta value is 0.77, and its average true range (ATR) is 10.58.
A comparison of Powell Industries, Inc (POWL) with its peers suggests the former has fared considerably weaker in the market. POWL showed an intraday change of -1.79% in last session, and over the past year, it grew by 10.78%%.
Data on historical trading for Powell Industries, Inc (NASDAQ:POWL) indicates that the trading volumes over the past 3 months, they’ve averaged 422.03K. According to company’s latest data on outstanding shares, there are 12.07 million shares outstanding.
Nearly 22.03% of Powell Industries, Inc’s shares belong to company insiders and institutional investors own 105.01% of the company’s shares. The stock has fallen by -21.15% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the POWL stock heading into the next quarter.
