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

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

Pioneer Power Solutions Trading Down 3.9 %

Pioneer Power Solutions stock opened at $4.47 on Wednesday. Pioneer Power Solutions has a 1 year low of $3.35 and a 1 year high of $7.30. The firm’s 50 day moving average price is $4.45 and its 200-day moving average price is $4.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.52 and a quick ratio of 1.10. The stock has a market cap of $44.39 million, a P/E ratio of 24.83 and a beta of 0.68.

Institutional Investors Weigh In On Pioneer Power Solutions

Several large investors have recently made changes to their positions in the company. GSA Capital Partners LLP raised its position in shares of 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 buying an additional 46,680 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in Pioneer Power Solutions during the 4th quarter valued at $109,000. Virtu Financial LLC bought a new stake in Pioneer Power Solutions in the first quarter worth $91,000. Finally, Dimensional Fund Advisors LP boosted its stake in Pioneer Power Solutions by 17.7% during the second quarter. Dimensional Fund Advisors LP now owns 55,805 shares of the company’s stock worth $222,000 after buying an additional 8,401 shares during the period. 10.92% of the stock is 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.