Power Solutions International (NASDAQ:PSIX) Issues Quarterly Earnings Results

Power Solutions International (NASDAQ:PSIX) posted its earnings results on Monday. The company reported $1.03 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $144.30 million during the quarter. Power Solutions International had a net margin of 12.46% and a return on equity of 293.35%.

Power Solutions International Stock Performance

Shares of NASDAQ:PSIX opened at $31.96 on Wednesday. Power Solutions International has a twelve month low of $2.00 and a twelve month high of $45.74. The firm has a market capitalization of $735.08 million, a price-to-earnings ratio of 13.54 and a beta of 1.04. The firm has a fifty day simple moving average of $35.37.

Insider Transactions at Power Solutions International

In other Power Solutions International news, major shareholder Gary S. Winemaster sold 17,983 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $36.84, for a total transaction of $662,493.72. Following the transaction, the insider now directly owns 2,981,119 shares in the company, valued at approximately $109,824,423.96. This represents a 0.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.60% of the stock is owned by company insiders.

About Power Solutions International

Power Solutions International, Inc engages in the design, manufacture, and trade of power systems and electrical power generation equipment. The firm provides integrated turnkey solutions to global original equipment manufacturers and end-user customers within the energy, industrial, and transportation end markets.