Powell Industries, Inc. (POWL) 20 Days SMA touches -4.78%: The odds favor the bear

Powell Industries, Inc. (NASDAQ: POWL) kicked off on Tuesday, down -3.24% from the previous trading day, before settling in for the closing price of $137.71. Over the past 52 weeks, POWL has traded in a range of $60.44-$209.14.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 10.15%. While this was happening, its average annual earnings per share was recorded 104.33%. With a float of $9.25 million, this company’s outstanding shares have now reached $11.86 million.

Considering the fact that the conglomerate employs 2725 people, you should pay attention to its efficiency factor.

Powell Industries, Inc. (POWL) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Powell Industries, Inc. is 22.81%, while institutional ownership is 94.00%. The most recent insider transaction that took place on Jul 12 ’24, was worth 391,366. In this transaction President & CEO of this company sold 2,750 shares at a rate of $142.31, taking the stock ownership to the 148,737 shares. Before that another transaction happened on Jun 14 ’24, when Company’s President & CEO sold 2,750 for $166.53, making the entire transaction worth $457,951. This insider now owns 151,487 shares in total.

Powell Industries, Inc. (POWL) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 104.33% per share during the next fiscal year.

Powell Industries, Inc. (NASDAQ: POWL) Trading Performance Indicators

Take a look at Powell Industries, Inc.’s (POWL) current performance indicators. Last quarter, stock had a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.88. Likewise, its price to free cash flow for the trailing twelve months is 7.22.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.42, a number that is poised to hit 2.31 in the next quarter and is forecasted to reach 9.28 in one year’s time.

Technical Analysis of Powell Industries, Inc. (POWL)

Compared to the last year’s volume of 0.34 million, its volume of 0.39 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 53.60%. Additionally, its Average True Range was 8.23.

During the past 100 days, Powell Industries, Inc.’s (POWL) raw stochastic average was set at 12.91%, which indicates a significant decrease from 26.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.29% in the past 14 days, which was lower than the 67.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $157.12, while its 200-day Moving Average is $126.06. Nevertheless, the first resistance level for the watch stands at $139.03 in the near term. At $144.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $148.12. If the price goes on to break the first support level at $129.94, it is likely to go to the next support level at $126.63. Should the price break the second support level, the third support level stands at $120.85.

Powell Industries, Inc. (NASDAQ: POWL) Key Stats

The company with the Market Capitalisation of 1.60 billion has total of 11,988K Shares Outstanding. Its annual sales at the moment are 699,310 K in contrast with the sum of 54,530 K annual income. Company’s last quarter sales were recorded 255,110 K and last quarter income was 33,490 K.