Why Power Solutions International, Inc. (NASDAQ:PSIX) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $17.43 on Power Solutions International, Inc. (NASDAQ:PSIX) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $-0.31 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Power Solutions International, Inc. (NASDAQ:PSIX) stands at 118.88.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Power Solutions International, , the PEG ratio for coming 3-5 years is -1.40.

Technical Analysis

The technical analysis highlights that Power Solutions International, current is trading $-4.85 points away or -29.40% from its 50-day moving average of $16.50. Further it is trading $-2.50 or -17.65% away its 200-day moving average of $14.15.

The 52-week high of Power Solutions International, Inc. (NASDAQ:PSIX) was $31.97 while lowest point recorded in 52-week was $7.63. It implies if stock price makes a movement of over $-20.32, it will record a new 52-week high. In the case of +52.69% drop, it will touch a new 52-week low.

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