Separately, Zacks Investment Research raised shares of Pioneer Power Solutions from a “hold” rating to a “buy” rating and set a $6.00 price target for the company in a research report on Friday, March 8th.
Shares of PPSI stock opened at $4.95 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.90 and a quick ratio of 0.37. The firm has a market cap of $44.87 million, a P/E ratio of 7.28 and a beta of 1.39. Pioneer Power Solutions has a 12 month low of $4.40 and a 12 month high of $6.05.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Segall Bryant & Hamill LLC lifted its position in Pioneer Power Solutions by 6.7% in the fourth quarter. Segall Bryant & Hamill LLC now owns 65,350 shares of the company’s stock valued at $343,000 after acquiring an additional 4,090 shares during the last quarter. North Star Investment Management Corp. lifted its position in Pioneer Power Solutions by 5.2% in the first quarter. North Star Investment Management Corp. now owns 678,514 shares of the company’s stock valued at $3,298,000 after acquiring an additional 33,365 shares during the last quarter. Finally, Kennedy Capital Management Inc. lifted its position in Pioneer Power Solutions by 1.7% in the first quarter. Kennedy Capital Management Inc. now owns 701,896 shares of the company’s stock valued at $3,411,000 after acquiring an additional 11,534 shares during the last quarter. 25.63% of the stock is owned by hedge funds and other institutional investors.
Pioneer Power Solutions Company Profile
Pioneer Power Solutions, Inc, together with its subsidiaries, manufactures, sells, and services specialty electrical transmission, distribution, and on-site power generation equipment in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions.
Recommended Story: What Is An Exchange-Traded Fund (ETF)?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Pioneer Power Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer Power Solutions and related companies with MarketBeat.com's FREE daily email newsletter.