In last trading session, Power Solutions International Inc (NASDAQ:PSIX) saw 0.4 million shares changing hands with its beta currently measuring 1.04. Company’s recent per share price level of $42.31 trading at $0.41 or 0.98% at ring of the bell on the day assigns it a market valuation of $973.11M. That closing price of PSIX’s stock is at a discount of -8.11% from its 52-week high price of $45.74 and is indicating a premium of 95.53% from its 52-week low price of $1.89. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.42 million shares which gives us an average trading volume of 265.15K if we extend that period to 3-months.
Power Solutions International Inc (NASDAQ:PSIX) trade information
Upright in the green during last session for gaining 0.98%, in the last five days PSIX remained trading in the red while hitting it’s week-highest on Thursday, 01/30/25 when the stock touched $42.31 price level, adding 5.01% to its value on the day. Power Solutions International Inc’s shares saw a change of 42.22% in year-to-date performance and have moved -1.60% in past 5-day. Power Solutions International Inc (NASDAQ:PSIX) showed a performance of 39.64% in past 30-days. Number of shares sold short was 82485.0 shares which calculate 0.26 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 37 to the stock, which implies a fall of -14.35% to its current value. Analysts have been projecting 37 as a low price target for the stock while placing it at a high target of 37. It follows that stock’s current price would jump 12.55% in reaching the projected high whereas dropping to the targeted low would mean a gain of 12.55% for stock’s current value.
Power Solutions International Inc (PSIX) estimates and forecasts
This year revenue growth is estimated to rise 2.93% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 140.7M for the same. And 1 analysts are in estimates of company making revenue of 114.6M in the next quarter. Company posted 104.75M and 95.24M of sales in current and next quarters respectively a year earlier.
Power Solutions International Inc (NASDAQ:PSIX)’s Major holders
Insiders are in possession of 75.42% of company’s total shares while institution are holding 8.07 percent of that, with stock having share float percentage of 32.85%. Investors also watch the number of corporate investors in a company very closely, which is 8.07% institutions for Power Solutions International Inc that are currently holding shares of the company. GAGNON SECURITIES LLC is the top institutional holder at PSIX for having 1.28 million shares of worth $8.16 million. And as of 2024-06-30, it was holding 5.5843 of the company’s outstanding shares.
The second largest institutional holder is GAGNON ADVISORS, LLC, which was holding about 0.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.299 of outstanding shares, having a total worth of $4.82 million.
On the other hand, Fidelity Rutland Square Tr II-Strategic Advisers U.S. Total Stock Fd and Perritt Microcap Opportunities Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 170.05 shares of worth $7.19 million or 0.74% of the total outstanding shares. The later fund manager was in possession of 15.0 shares on Oct 31, 2024 , making its stake of worth around $0.63 million in the company or a holder of 0.07% of company’s stock.