Pioneer Power Solutions, Inc. (PPSI) stock has fallen 18.89% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Pioneer Power Solutions, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PPSI!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With PPSI Stock Today?
Pioneer Power Solutions, Inc. (PPSI) stock is trading at $8.20 as of 2:07 PM on Tuesday, Dec 7, a rise of $0.87, or 11.87% from the previous closing price of $7.33. The stock has traded between $7.43 and $8.85 so far today. Volume today is light. So far 4,583,803 shares have traded compared to average volume of 20,112,250 shares.
More About Pioneer Power Solutions, Inc.
Pioneer Power Solutions Inc manufactures, sells and services a broad range of specialty electrical transmission, distribution, and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. Pioneer Power works in two reportable segments: Transmission and Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). Pioneer generates most of its revenue from the United States of America.
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