Pioneer Power Solutions (NASDAQ:PPSI) Stock Rating Upgraded by StockNews.com

Pioneer Power Solutions (NASDAQ:PPSI) was upgraded by stock analysts at StockNews.com to a “sell” rating in a research report issued on Tuesday.

Pioneer Power Solutions Stock Performance

NASDAQ:PPSI opened at $4.66 on Tuesday. The stock’s 50-day moving average is $4.47 and its 200-day moving average is $4.37. Pioneer Power Solutions has a 1-year low of $3.35 and a 1-year high of $7.30. The company has a current ratio of 1.65, a quick ratio of 1.19 and a debt-to-equity ratio of 0.01. The stock has a market cap of $50.89 million, a P/E ratio of 25.89 and a beta of 0.68.

Pioneer Power Solutions (NASDAQ:PPSI) last posted its earnings results on Tuesday, September 10th. The company reported ($0.10) earnings per share for the quarter. Pioneer Power Solutions had a negative return on equity of 17.85% and a negative net margin of 7.35%. The business had revenue of $8.59 million for the quarter. Equities research analysts anticipate that Pioneer Power Solutions will post 0.32 earnings per share for the current year.

Institutional Trading of Pioneer Power Solutions

Several institutional investors have recently added to or reduced their stakes in the stock. Quadrature Capital Ltd acquired a new position in shares of Pioneer Power Solutions in the 4th quarter worth approximately $109,000. Virtu Financial LLC bought a new stake in Pioneer Power Solutions during the first quarter valued at $91,000. GSA Capital Partners LLP grew its holdings in Pioneer Power Solutions by 138.1% during the 1st quarter. GSA Capital Partners LLP now owns 80,490 shares of the company’s stock worth $460,000 after acquiring an additional 46,680 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Pioneer Power Solutions by 17.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 55,805 shares of the company’s stock worth $222,000 after acquiring an additional 8,401 shares during the period. 10.92% of the stock is currently owned by institutional investors.

Pioneer Power Solutions Company Profile

Pioneer Power Solutions, Inc, together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions. The company operates through Electrical Infrastructure Equipment and Critical Power Solutions segments.