Alert: Major Price Decline (4/2/24)-Pioneer Power Solutions Inc (NASDAQ: PPSI).

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On 4/2/24, Pioneer Power Solutions Inc (NASDAQ: PPSI) stock suffered a major decline of -22.9%, closing at $4.58. Moreover, this decline was accompanied by exceptionally high trading volume at 802% of normal. The stock has declined -16.1% during the last week and has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

PPSI is expected to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Pioneer Power Solutions has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Pioneer Power Solutions has a slightly negative Power Rating of 35 and a very low Appreciation Score of 14, leading to the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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