Power Solutions International (NASDAQ:PSIX) Reaches New 12-Month High - Time to Buy?

Power Solutions International, Inc. (NASDAQ:PSIX - Get Free Report) reached a new 52-week high on Friday . The stock traded as high as $111.00 and last traded at $111.00, with a volume of 82228 shares. The stock had previously closed at $87.79.Power Solutions International Trading Up 21.7%Power Solutions International Poised for 75% UpsideThe company has a debt-to-equity ratio of 0.01, a quick ratio of 0.67 and a current ratio of 1.16. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 30.26 and a beta of 1.47. The company's 50-day moving average is $69.52 and its 200-day moving average is $44.79. Power Solutions International (NASDAQ:PSIX - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $2.23 earnings per share (EPS) for the quarter. The business had revenue of $191.91 million for the quarter. Power Solutions International had a return on equity of 141.76% and a net margin of 15.74%. Institutional Inflows and Outflows3 Stocks With High ROE and Market-Beating Growth PotentialSeveral hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Portolan Capital Management LLC acquired a new stake in Power Solutions International in the 4th quarter valued at approximately $10,153,000. S Squared Technology LLC bought a new position in Power Solutions International in the fourth quarter valued at $8,718,000. Marshall Wace LLP acquired a new stake in Power Solutions International in the 4th quarter valued at $2,130,000. Independent Advisor Alliance acquired a new position in shares of Power Solutions International during the 1st quarter worth about $1,086,000. Finally, Ritholtz Wealth Management grew its holdings in shares of Power Solutions International by 2.6% in the 2nd quarter. Ritholtz Wealth Management now owns 40,873 shares of the company's stock valued at $2,644,000 after acquiring an additional 1,018 shares in the last quarter. 22.28% of the stock is currently owned by institutional investors. About Power Solutions International (Get Free Report)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.See AlsoFive stocks we like better than Power Solutions InternationalWhat is a Special Dividend?DraftKings Posts Record Quarter, Eyes ProfitabilityHow to Use the MarketBeat Dividend CalculatorAmazon Takes an Equity Stake in IonQ—Any Upside Potential?Investing in Construction StocksWall Street Has Left Intel for Dead—Here's Why You Shouldn’tThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Power Solutions International Right Now?Before you consider Power Solutions International, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Power Solutions International wasn't on the list.While Power Solutions International currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here