Pioneer Pwr Sol Cmn (OTCMKTS:PPSI) Cut to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of Pioneer Pwr Sol Cmn (OTCMKTS:PPSI) from a hold rating to a sell rating in a research note published on Friday, November 17th.

According to Zacks, “Pioneer Power Solutions, Inc. is specialty manufacturer of electrical transmission and distribution equipment. The company provide solutions in the utility, industrial and commercial segments of the electrical transmission and distribution industry. It operates primarily in the U.S., Canada and Mexico. Pioneer Power Solutions, Inc. is headquartered in Fort Lee, New Jersey. “

Several other research firms also recently weighed in on PPSI. ValuEngine downgraded Pioneer Pwr Sol Cmn from a strong-buy rating to a buy rating in a research report on Friday, September 1st. Roth Capital restated a buy rating and issued a $8.00 price objective on shares of Pioneer Pwr Sol Cmn in a report on Tuesday, August 15th.

Pioneer Pwr Sol Cmn (OTCMKTS:PPSI) remained flat at $$7.60 during mid-day trading on Friday. 83 shares of the company’s stock traded hands, compared to its average volume of 11. The company has a quick ratio of 0.46, a current ratio of 1.10 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $41.35, a PE ratio of 9.42 and a beta of -856.96. Pioneer Pwr Sol Cmn has a 1-year low of $5.51 and a 1-year high of $7.00.

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About Pioneer Pwr Sol Cmn

Pioneer Power Solutions, Inc manufactures, sells and services a range of specialty electrical transmission, distribution and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. The Company operates through two segments: Transmission & Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power).

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