Powell Industries, Inc. (POWL) At $170.01 Offering A Unique Opportunity

Powell Industries, Inc. (NASDAQ:POWL) currently has a daily average trading volume of 375.51K but it saw 1093312 shares traded in last market. With a market cap of 2.04B USD, the company’s current market price of $170.01 came rising about 18.89 while comparing to the previous closing price of $143.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $197.87 and as low as $39.65.

Taking a look at 20-day trading activity of Powell Industries, Inc. (POWL) gives us an average price of $137.32, while its current price level is -14.08% below from 52-week high level whereas it is 328.78% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $148.36 while that of 200 days or SMA-200 reads an average of $101.67. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.39% during that period while stretching the period over a month that decreases to 5.32%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 69.96 which implies that the stock is in neutral territory.

Sidoti upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 29, 2022 while assigning a price target of $26. Sidoti also issued its recommendations for the stock as it downgraded the price target for the stock is $31.

Over the week, POWL’s stock price is moving 13.92% up while it is 25.91% when we observe its performance for the past one month. Year-to-date it is 92.32% up and over the past year, the stock is showing an upside performance of 322.60%.

Currently, Powell Industries, Inc.’s total number of outstanding shares is 11.86M. Company’s return on investment (ROI) stands at 21.11% and return on equity (ROE) at 23.30%. It has a price to earnings ratio (P/E ratio) of 26.69 while having a 18.91 of forward P/E ratio. Stock’s beta reads 0.78. Stock has a price to book (P/B) ratio of 5.55 while price to sale or P/S ratio amounts to 2.66. Its return on asset (ROA) is 11.72% on average.