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Top-rated smaller industrial stocks even as inflation, interest rates pressure sector
Seeking Alpha News (Sat, 4-Jan 12:45 PM ET)
Power Solutions International Inc is an America-based company that manufactures, distributes, and services power systems that primarily run on nondiesel fuels, including natural gas, propane, and gasoline. The company's products are designed to meet emission standards imposed by environmental regulatory bodies like the Environmental Protection Agency. Its products are distributed to a wide range of industrial original equipment manufacturers that supply equipment to sectors including power generation, oil and gas, material handling, airport ground support, agricultural, turf, construction, and irrigation. The company generates most of its sales from United States.
Power Solutions Intl trades on the NASDAQ stock market under the symbol PSIX.
As of January 3, 2025, PSIX stock price declined to $28.60 with 199,572 million shares trading.
PSIX has a market cap of $657.79 million. This is considered a Small Cap stock.
PSIX support price is $26.56 and resistance is $31.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSIX shares will trade within this expected range on the day.