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


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $17.14 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 $-0.30 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 205.10. 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 -2.37. Technical Analysis The technical analysis highlights that Power Solutions International, current price is trading $3.07 points away +18.04% from $17.03, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $13.67 and, for now, the stock price is trading $6.43 or +47.01% away from that point. The 52-week high of Power Solutions International, Inc. (NASDAQ:PSIX) was $54.44 while lowest point recorded in 52-week was $7.63. It implies if stock price makes a movement of over $-34.34, it will record a new 52-week high. In the case of $+163.43% points drop, it will touch a new 52-week low.

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