Power Solutions International (OTCMKTS:PSIX) Given New $5.00 Price Target at Craig Hallum

Power Solutions International (OTCMKTS:PSIXGet Rating) had its target price dropped by Craig Hallum from $8.00 to $5.00 in a report issued on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Craig Hallum’s price objective would indicate a potential upside of 212.50% from the company’s previous close.

Power Solutions International Stock Performance

Shares of Power Solutions International stock opened at $1.60 on Monday. The company has a market capitalization of $36.69 million, a P/E ratio of -2.32 and a beta of 0.48. The company has a fifty day moving average of $1.89 and a 200 day moving average of $2.39. Power Solutions International has a fifty-two week low of $1.25 and a fifty-two week high of $5.80.

Power Solutions International (OTCMKTS:PSIXGet Rating) last announced its quarterly earnings results on Monday, May 16th. The company reported ($0.04) EPS for the quarter. The business had revenue of $98.95 million for the quarter.

Power Solutions International Company Profile

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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 alternative-fueled power systems for original equipment manufacturers of off-highway industrial equipment and on-road vehicles; and large custom-engineered integrated electrical power generation systems.

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