Stock Worth Mentioning Today: Power Solutions International Inc Can’t Be More Safe. Trades Significantly Higher

Stock Worth Mentioning Today: Power Solutions International Inc Can't Be More Safe. Trades Significantly Higher

The stock of Power Solutions International Inc (NASDAQ:PSIX) is a huge mover today! About 82,062 shares traded hands or 68.60% up from the average. Power Solutions International Inc (NASDAQ:PSIX) has declined 28.85% since April 5, 2016 and is downtrending. It has underperformed by 30.80% the S&P500.
The move comes after 8 months positive chart setup for the $103.96M company. It was reported on Nov, 7 by Barchart.com. We have $32.29 PT which if reached, will make NASDAQ:PSIX worth $206.88 million more.

Power Solutions International Inc (NASDAQ:PSIX) Ratings Coverage

Out of 6 analysts covering Power Solutions International (NASDAQ:PSIX), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Power Solutions International has been the topic of 13 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Barrington Research maintained the stock with “Outperform” rating in Tuesday, December 29 report. Piper Jaffray downgraded Power Solutions International Inc (NASDAQ:PSIX) on Monday, January 25 to “Neutral” rating. As per Tuesday, April 19, the company rating was maintained by Lake Street. The stock of Power Solutions International Inc (NASDAQ:PSIX) has “Buy” rating given on Friday, February 19 by Wunderlich. Barrington Research maintained the shares of PSIX in a report on Friday, August 7 with “Outperform” rating. The rating was initiated by Wunderlich on Tuesday, August 25 with “Buy”. The stock of Power Solutions International Inc (NASDAQ:PSIX) has “Hold” rating given on Tuesday, August 16 by Lake Street. The firm earned “Buy” rating on Wednesday, June 8 by Roth Capital. The rating was downgraded by Zacks to “Buy” on Tuesday, August 11.

According to Zacks Investment Research, “Power Solutions International, Inc. is engaged in producing and distributing power solutions for original equipment manufacturers of off-highway industrial equipment in the United States. The Company sells engines for stationary generators, oil and gas equipment, forklifts, aerial work platforms, industrial sweepers, arbor equipment, agricultural and turf equipment. It also offers low-emission standard fuel and hybrid power solutions, and diesel power systems. Power Solutions International, Inc. is based in Wood Dale, Illinois.”

Insitutional Activity: The institutional sentiment decreased to 1.04 in Q2 2016. Its down 0.04, from 1.08 in 2016Q1. The ratio is negative, as 8 funds sold all Power Solutions International Inc shares owned while 15 reduced positions. 5 funds bought stakes while 19 increased positions. They now own 5.15 million shares or 2.23% more from 5.03 million shares in 2016Q1.
The New York-based Gagnon Advisors Ltd Liability has invested 3.26% in Power Solutions International Inc (NASDAQ:PSIX). Us Bancorp De holds 0% of its portfolio in Power Solutions International Inc (NASDAQ:PSIX) for 2,145 shares. Wellington Mgmt Gru Llp has 0% invested in the company for 1.06M shares. Citigroup accumulated 481 shares or 0% of the stock. Vanguard Group has 0% invested in the company for 173,828 shares. Oak Ridge Invs Limited Company has invested 0.07% of its portfolio in Power Solutions International Inc (NASDAQ:PSIX). State Street has 53,858 shares for 0% of their US portfolio. Royal Retail Bank Of Canada last reported 100 shares in the company. Blackrock Institutional Trust Na accumulated 0% or 131,686 shares. Moreover, United Automobile Association has 0% invested in Power Solutions International Inc (NASDAQ:PSIX) for 65,368 shares. California State Teachers Retirement has invested 0% of its portfolio in Power Solutions International Inc (NASDAQ:PSIX). Granahan Investment Ma last reported 418,498 shares in the company. The California-based Wells Fargo And Mn has invested 0% in Power Solutions International Inc (NASDAQ:PSIX). The New York-based Kimelman Baird Ltd Co has invested 0.54% in Power Solutions International Inc (NASDAQ:PSIX). Blackrock Fund Advsrs holds 0% of its portfolio in Power Solutions International Inc (NASDAQ:PSIX) for 125,578 shares.

More notable recent Power Solutions International Inc (NASDAQ:PSIX) news were published by: Businesswire.com which released: “Robbins Arroyo LLP: Power Solutions International, Inc. (PSIX) Accused of …” on October 14, 2016, also Globenewswire.com with their article: “Power Solutions International Announces Postponement of Second Quarter 2016 …” published on August 04, 2016, Globenewswire.com published: “Power Solutions International Requires Additional Time to File Its Second …” on August 15, 2016. More interesting news about Power Solutions International Inc (NASDAQ:PSIX) were released by: Globenewswire.com and their article: “Power Solutions International Announces Receipt of Notice From Nasdaq Related …” published on August 18, 2016 as well as Globenewswire.com‘s news article titled: “Power Solutions International Closes New $135 Million Senior Secured Credit …” with publication date: June 29, 2016.

PSIX Company Profile

Power Solutions International, Inc., incorporated on August 12, 2011, is a producer and distributor of a range of low-emission power systems that run on non-diesel fuels, such as natural gas, propane and gasoline. The Company’s industrial power systems are used by original equipment manufacturers (OEMs) in a range of industries with a diversified set of applications, including stationary electricity generators, gas and oil equipment, forklifts, aerial work platforms, industrial sweepers, arbor equipment, agricultural and turf equipment, aircraft ground support equipment, construction and irrigation equipment, and other industrial equipment. The Firm provides alternative fuel power systems for OEMs of off-highway industrial equipment and on-road medium trucks and busses. In addition to its emission-certified power systems, the Company produces and distributes non-emission-certified power systems for industrial OEMs for particular applications in markets without emission standards (oil and gas equipment used in Canada).

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