Power Solutions International Inc. (PSIX) Jumps 13.2% on January 20

Equities Staff |

Power Solutions International Inc. (PSIX) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 13.2% to $13.81, representing a gain of $1.61 per share. Some 80,917 shares traded hands on 677 trades, compared with an average daily volume of 117,032 shares out of a total float of 10.75 million. The stock opened at $12.00 and traded with an intraday range of $13.81 to $12.00.

After today's gains, Power Solutions International Inc. reached a market cap of $148.49 million. Power Solutions International Inc. has had a trading range between $69.79 and $12.17 over the last year, and it had a 50-day SMA of $19.37 and a 200-day SMA of $37.29.

The stock has a P/E Ratio of 28.4.

Power Solutions International Inc is a producer and distributor of high performance, certified low emission, power systems, including alternative fuel power systems, for OEMs of off-highway industrial OEMs.

Power Solutions International Inc. is based out of Wood Dale, IL and has some 701 employees. Its CEO is Gary Winemaster.

For a complete fundamental analysis analysis of Power Solutions International Inc., check out Equities.com’s Stock Valuation Analysis report for PSIX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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

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