Power Solutions International (OTCMKTS:PSIX) Given New $22.00 Price Target at Craig Hallum

Power Solutions International (OTCMKTS:PSIX) had its price objective upped by Craig Hallum from $10.00 to $22.00 in a research report released on Wednesday, Marketbeat Ratings reports. Craig Hallum currently has a buy rating on the stock.

Power Solutions International Trading Up 8.6 %

PSIX opened at $12.54 on Wednesday. The firm’s fifty day moving average is $9.56 and its two-hundred day moving average is $5.03. The firm has a market cap of $288.29 million, a PE ratio of 9.72 and a beta of 0.88. Power Solutions International has a twelve month low of $1.70 and a twelve month high of $14.87. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.49 and a current ratio of 0.85.

Power Solutions International (OTCMKTS:PSIX) last issued its quarterly earnings data on Monday, August 12th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.36 by $0.36. The business had revenue of $110.59 million for the quarter. Power Solutions International had a negative return on equity of 360.24% and a net margin of 6.78%.

About Power Solutions International

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 engine blocks integrated with fuel system parts, as well as completely packaged power systems, that include combinations of front accessory drives, cooling systems, electronic systems, air intake systems, fuel systems, housings, power takeoff systems, exhaust systems, hydraulic systems, enclosures, brackets, hoses, tubes, packaging, telematics, and other assembled componentry.