Alert: Major Price Decline (4/15/24)-Pioneer Power Solutions Inc (NASDAQ: PPSI).

out_logo_500#68108.jpg

Pioneer Power Solutions Inc (NASDAQ: PPSI) stock closed at $3.71 on 4/15/24 after a major decline of -13.9%. Moreover, exceptionally high trading volume at 257% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -15.5% during the last week.

out_mm#68108.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, PPSI is expected to be a modest Value Builder.

Pioneer Power Solutions has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Pioneer Power Solutions has a poor Power Rating of 20 and a very low Appreciation Score of 14, and the Lowest Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*