Separately, Zacks Investment Research lowered shares of Pioneer Power Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, March 7th.
Shares of Pioneer Power Solutions stock traded down $0.06 during trading on Monday, hitting $5.21. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 8,223. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.90 and a quick ratio of 0.37. Pioneer Power Solutions has a 52-week low of $4.40 and a 52-week high of $6.50. The stock has a market cap of $46.95 million, a PE ratio of 7.65 and a beta of 1.38.
A hedge fund recently raised its stake in Pioneer Power Solutions stock. Segall Bryant & Hamill LLC lifted its holdings in Pioneer Power Solutions, Inc. (NASDAQ:PPSI) by 6.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,350 shares of the company’s stock after buying an additional 4,090 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.75% of Pioneer Power Solutions worth $343,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 25.63% of the company’s stock.
About Pioneer Power Solutions
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.
Featured Story: 12b-1 Fees
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.