Pioneer Power Solutions, Inc. (PPSI) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $7.50 to $8.14 in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days. However, the Zacks Consensus Estimate has moved higher over the same period, suggesting that more solid trading could be ahead for Pioneer Power Solutions. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Pioneer Power Solutions currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked players in the industrial products sector include Briggs & Stratton Corporation (BGG), Progressive Waste Solutions Ltd. (BIN) and iRobot Corporation (IRBT). Both Briggs & Stratton and Progressive Waste Solutions carry a Zacks Rank #1 (Strong Buy) while iRobot holds a Zacks Ranks #2 (Buy).
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