Powell Industries Inc. (POWL) Soars 1.24% on February 23

Equities Staff  |

Powell Industries Inc. (POWL) had a good day on the market for Tuesday February 23 as shares jumped 1.24% to close at $30.22. About 73,093 shares traded hands on 1,254 trades for the day, compared with an average daily volume of n/a shares out of a total float of 11.67 million. After opening the trading day at $29.68, shares of Powell Industries Inc. stayed within a range of $30.26 to $29.49.

With today's gains, Powell Industries Inc. now has a market cap of $352.81 million. Shares of Powell Industries Inc. have been trading within a range of $36.21 and $15.62 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States.

Powell Industries Inc. is based out of Houston, TX and has some 2,146 employees. Its CEO is Brett A. Cope.

For a complete fundamental analysis of Powell Industries Inc., check out Equities.com’s Stock Valuation Analysis report for POWL.

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Powell Industries Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Powell Industries Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: POWL’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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