Pioneer Power Solutions (NASDAQ:PPSI) Raised to “Sell” at StockNews.com

StockNews.com upgraded shares of Pioneer Power Solutions (NASDAQ:PPSI) to a sell rating in a research note issued to investors on Tuesday morning.

Pioneer Power Solutions Stock Up 1.5 %

NASDAQ PPSI opened at $4.73 on Tuesday. Pioneer Power Solutions has a twelve month low of $3.35 and a twelve month high of $7.30. The stock has a market cap of $46.97 million, a PE ratio of 26.28 and a beta of 0.68. The firm has a 50-day simple moving average of $4.48 and a 200 day simple moving average of $4.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.19 and a current ratio of 1.65.

Pioneer Power Solutions (NASDAQ:PPSI) last released its quarterly earnings data on Tuesday, September 10th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm had revenue of $8.59 million for the quarter. Pioneer Power Solutions had a negative net margin of 7.35% and a negative return on equity of 17.85%. On average, research analysts forecast that Pioneer Power Solutions will post 0.32 EPS for the current year.

Institutional Investors Weigh In On Pioneer Power Solutions

Institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new position in shares of Pioneer Power Solutions during the 1st quarter worth approximately $91,000. Quadrature Capital Ltd bought a new position in shares of Pioneer Power Solutions during the fourth quarter valued at $109,000. Dimensional Fund Advisors LP boosted its stake in shares of Pioneer Power Solutions by 17.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 55,805 shares of the company’s stock valued at $222,000 after purchasing an additional 8,401 shares in the last quarter. Finally, GSA Capital Partners LLP lifted 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 valued at $460,000 after purchasing an additional 46,680 shares during the last quarter. 10.92% of the stock is owned by institutional investors and hedge funds.

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.