Power Solutions International (OTCMKTS:PSIX) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of Power Solutions International, Inc. (OTCMKTS:PSIX) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $22.73 and traded as high as $33.45. Power Solutions International shares last traded at $32.73, with a volume of 139,717 shares traded.

Analyst Ratings Changes

Separately, Craig Hallum boosted their target price on Power Solutions International from $22.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, November 11th.

Power Solutions International Trading Down 0.8 %

The firm’s 50 day moving average price is $22.73 and its 200-day moving average price is $14.47. The company has a market cap of $752.79 million, a P/E ratio of 13.87 and a beta of 0.92.

Power Solutions International Company Profile

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.