Nov. 24 at 5:37 AM
$PSIX KEY POINTS
Gapped up premarket — PSIX opened at
$56.97 vs. Tuesday's close of
$52.24 and last traded around
$55.98, roughly a 6.2% move on volume of ~127,600 shares.
Analyst sentiment is positive: Weiss Ratings reissued a Buy (b-) and MarketBeat data shows an average "Buy" rating, with at least one MarketBeat piece suggesting up to ~75% upside.
The company reported a strong quarter (EPS
$1.20, revenue
$203.8M, net margin 18.6%, ROE 136.6%) and trades at a P/E of ~11.5, while insiders have recently sold material stakes (~97,839 shares) even as institutional investors like Arrowstreet and Vanguard increased positions.
