Pivotal Point Tracking Power Solutions International (PSIX): Specialist in Energy Systems Expands Its Market Position in Emergency Power Solutions
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Power Solutions International develops and manufactures low-emission engines as well as turnkey generator systems for industrial, energy, and transportation markets. After a multi-month correction, a technical breakout above the key resistance zone at 44 USD on September 17 triggered a fresh buy signal. Fundamental support came from the recent quarterly figures: Despite a decline in total revenues to 152.5 million USD, the company exceeded analysts' earnings forecasts with earnings per share of 0.78 USD by almost 190%. The operating margin remained...
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