Pioneer Power Solutions Inc. (NASDAQ:PPSI) shares traded higher over the last trading session, gaining 24.39% on 12/04/20. The shares fell to a low of $4.34 before closing at $4.40. Intraday shares traded counted 117.96 million, which was -1460.36% lower than its 30-day average trading volume of 7.56M. PPSI’s previous close was $3.54 while the outstanding shares total 8.73M. The firm has a beta of 0.30. The stock’s Relative Strength Index (RSI) is 53.75, with weekly volatility at 19.32% and ATR at 0.67. The PPSI stock’s 52-week price range has touched low of $0.90 and a $9.43 high.
Investors have identified the Electrical Equipment & Parts company Pioneer Power Solutions Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $30.89 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Pioneer Power Solutions Inc. (PPSI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PPSI, the company has in raw cash 9.63 million on their books with 0.3 million currently as liabilities. How the trend is over time is what investors should be concerned about. In terms of their assets, the company currently has 17176000 million total, with 7484000 million as their total liabilities.
PPSI were able to record -1.33 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 1.42 million. In cash movements, the company had a total of -1.33 million as operating cash flow.
Potential earnings growth for Pioneer Power Solutions Inc. (PPSI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Pioneer Power Solutions Inc. recorded a total of 4.05 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -37.47% coming in sequential stages and their sales for the third quarter reducing by -25.57%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 3.31 million trying to sell their products during the last quarter, with the result yielding a gross income of 0.74 million. This allows shareholders to hold on to 8.73M with the revenue now reading 0.15 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter.
Having a look at the company’s valuation, the company is expected to record 0.68 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PPSI sounds very interesting.
Is the stock of PPSI attractive?
In related news, Chief Executive Officer, MAZUREK NATHAN bought 1,000 shares of the company’s stock in a transaction that recorded on Aug 24. The purchase was performed at an average price of 1.40, for a total value of 1,395. As the purchase deal closes, the Chief Executive Officer, MAZUREK NATHAN now bought 1,000 shares of the company’s stock, valued at 1,470. Also, Chief Executive Officer, MAZUREK NATHAN bought 4,000 shares of the company’s stock in a deal that was recorded on Jun 18. The shares were cost at an average price of 1.35 per share, with a total market value of 5,380. Following this completion of disposal, the Chief Executive Officer, MAZUREK NATHAN now holds 1,000 shares of the company’s stock, valued at 1,249. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
1 out of 1 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Pioneer Power Solutions Inc.. 0 analysts has assigned a Sell rating on the PPSI stock. The 12-month mean consensus price target for the company’s shares has been set at $7.50.