Power Solutions International, Inc. (OTCMKTS:PSIX – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $24.25 and last traded at $23.49, with a volume of 269461 shares trading hands. The stock had previously closed at $21.91.
Wall Street Analyst Weigh In
Separately, Craig Hallum increased their price target on Power Solutions International from $10.00 to $22.00 and gave the company a “buy” rating in a report on Wednesday, August 14th.
Check Out Our Latest Analysis on Power Solutions International
Power Solutions International Stock Performance
Power Solutions International (OTCMKTS:PSIX – Get Free Report) last posted its quarterly earnings results on Monday, August 12th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.36. Power Solutions International had a net margin of 10.51% and a return on equity of 1,360.71%. The company had revenue of $110.59 million during the quarter.
About Power Solutions International
Power Solutions International, Inc designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally. The company offers engine blocks integrated with fuel system parts, as well as completely packaged power systems, that include combinations of front accessory drives, cooling systems, electronic systems, air intake systems, fuel systems, housings, power takeoff systems, exhaust systems, hydraulic systems, enclosures, brackets, hoses, tubes, packaging, telematics, and other assembled componentry.
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