Power Solutions International Inc. (PSIX) had a rough trading day for Monday November 25 as shares tumbled 6.48%, or a loss of $-0.35 per share, to close at $5.05. After opening the day at $5.38, shares of Power Solutions International Inc. traded as high as $5.50 and as low as $4.92. Volume was 8,273 shares over 15 trades, against an average daily volume of n/a shares and a total float of 22.81 million.
As a result of the decline, Power Solutions International Inc. now has a market cap of $115.18 million. In the last year, shares of Power Solutions International Inc. have traded between a range of $11.49 and $5.40, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
Power Solutions International Inc is an America-based company that manufactures, distributes, and services power systems that primarily run on nondiesel fuels, including natural gas, propane, and gasoline. The company’s products are designed to meet emission standards imposed by environmental regulatory bodies like the Environmental Protection Agency. They are distributed to a wide range of industrial original equipment manufacturers that supply equipment to sectors including power generation, oil and gas, material handling, airport ground support, agricultural, turf, construction, and irrigation. The company generates its sales from North America, the Pacific Rim, and Europe.
Power Solutions International Inc. is based out of Wood Dale, IL and has some 1,000 employees. Its CEO is John P Miller.
Power Solutions International Inc. is a component of the Russell 2000. 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.
