In a filing, Pioneer Power Solutions Inc revealed its Chief Financial Officer Michalec Wojciech unloaded Company’s shares for reported $53334.0 on Dec 20 ’24. In the deal valued at $4.09 per share,13,040 shares were sold. As a result of this transaction, Michalec Wojciech now holds 300,000 shares worth roughly $1.22 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Michalec Wojciech sold 1,960 shares, generating $8,075 in total proceeds. Upon selling the shares at $4.12, the Chief Financial Officer now owns 313,040 shares.
Before that, Wojciech (Walter) Michalec bought 65,000 shares. Pioneer Power Solutions Inc shares valued at $382,200 were divested by the Chief Financial Officer at a price of $5.88 per share.
ROTH Capital reiterated its Pioneer Power Solutions Inc [PPSI] rating to a Buy in a research note published on October 29, 2015; the price target was $6.
Price Performance Review of PPSI
On Tuesday, Pioneer Power Solutions Inc [NASDAQ:PPSI] saw its stock jump 2.78% to $4.07. Over the last five days, the stock has lost -2.80%. Pioneer Power Solutions Inc shares have fallen nearly -18.62% since the year began. Nevertheless, the stocks have fallen -5.87% over the past one year. While a 52-week high of $5.51 was reached on 10/30/24, a 52-week low of $2.53 was recorded on 06/06/24. SMA at 50 days reached $5.85, while 200 days put it at $4.78.
Levels Of Support And Resistance For PPSI Stock
The 24-hour chart illustrates a support level at 3.97, which if violated will result in even more drops to 3.86. On the upside, there is a resistance level at 4.14. A further resistance level may holdings at 4.20. The Relative Strength Index (RSI) on the 14-day chart is 43.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.42%. Stochastics %K at 4.24% indicates the stock is a buying.
How much short interest is there in Pioneer Power Solutions Inc?
A steep rise in short interest was recorded in Pioneer Power Solutions Inc stocks on 2024-10-31, growing by 77603.0 shares to a total of 0.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.12 million shares. There was a rise of 39.95%, which implies that there is a positive sentiment for the stock.
