PPSI - Pioneer Power Solutions, Inc.

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
3.4200
+0.0098 (+0.29%)
As of 12:38PM EDT. Market open.
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Previous Close3.4102
Open3.5100
Bid3.4000 x 800
Ask3.4200 x 800
Day's Range3.4000 - 3.5100
52 Week Range3.4000 - 6.7600
Volume2,635
Avg. Volume12,096
Market Cap29.843M
Beta (3Y Monthly)0.25
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2019-09-13
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • PR Newswire

    Pioneer's One-Time Special Cash Dividend Enjoined by Superior Court of California

    FORT LEE, N.J., Oct. 7, 2019 /PRNewswire/ -- Pioneer Power Solutions, Inc. (PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, has received an order of the Superior Court of California related to the case titled Myers Power Products, Inc. v. Pioneer Power Solutions, Inc., Pioneer Custom Electrical Products, Corp., et al., enjoining distributions to shareholders, including the announced one-time special cash dividend of $1.37 per share planned and, at the time of the court's order, already in process to be paid on October 7, 2019. Pioneer intends to contest the matter vigorously.

  • PR Newswire

    Pioneer Closes Sale of Transformer Business

    FORT LEE, N.J., Aug. 22, 2019 /PRNewswire/ -- Pioneer Power Solutions, Inc. (PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has completed the sale of its liquid filled and dry type transformer businesses to Mill Point Capital, a middle-market private equity firm, for a base purchase price of $68 million. Pursuant to the transaction, Pioneer sold all of Pioneer Transformers Ltd. and the companies comprising its Dry Type Transformer Group, which included Jefferson Electric, Inc., Bemag Transformer Inc. and Harmonics Limited LLC. Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "Selling this portion of our business for approximately 1.5 times our current market capitalization is an important step in creating shareholder value.

  • PR Newswire

    Pioneer Reaches Agreement to Sell Transformer Business for Approximately $65 Million

    FORT LEE, N.J., July 1, 2019 /PRNewswire/ -- Pioneer Power Solutions, Inc. (PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it has reached an agreement to sell its liquid filled and dry type transformer businesses to Mill Point Capital, a middle-market private equity firm, for $65.5 million in cash and notes. In consideration for all the assets of Pioneer Transformers Ltd. and Pioneer Dry Type Transformer Group, which includes Jefferson Electric, Inc., Bemag Transformer Inc. and Harmonics Limited LLC, Pioneer will receive $65.5 million, including $60.5 million in cash and $5 million in a seller's note.

  • PR Newswire

    Pioneer Reports First Quarter 2019 Financial Results

    FORT LEE, N.J. , May 14, 2019 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical ...

  • PR Newswire

    Pioneer Reports Fourth Quarter and Full-Year 2018 Financial Results

    FORT LEE, N.J. , March 28, 2019 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of ...

  • PR Newswire

    CleanSpark Completes Acquisition of Pioneer Critical Power, Inc.

    SALT LAKE CITY, Jan. 28, 2019 /PRNewswire/ -- CleanSpark, Inc. (CLSK) (the "Company"), a microgrid company with advanced engineering, software and controls for innovative distributed energy resource management systems, and Pioneer Power Solutions, Inc. (PPSI), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that the two companies have closed a merger transaction wherein CleanSpark acquired Pioneer's wholly owned subsidiary, Pioneer Critical Power, Inc. (PCPI).  The entity acquired is not related to Pioneer's engine generator business headquartered in Minneapolis, Minnesota operating under the same name. Pioneer will continue to retain and operate that business under the PCPI name and CleanSpark will change the name of the acquired entity to CleanSpark Critical Power Systems, Inc., no later than February 22, 2019.

  • PR Newswire

    Pioneer Completes Sale of Pioneer Critical Power, Inc to Cleanspark Inc.

    FORT LEE, N.J., Jan. 28, 2019 /PRNewswire/ -- Pioneer Power Solutions, Inc. (PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced that it had completed the sale of its wholly owned subsidiary, Pioneer Critical Power, Inc. (PCPI) to CleanSpark, Inc. (CLSK), a microgrid company with advanced engineering, software and controls for innovative distributed energy resource management systems. PCPI's primary assets are a series of UL (Underwriters Laboratories) safety files, representing vetted and certified designs for low voltage switchgear and automatic transfer switches.

  • PR Newswire

    Pioneer Receives $2.6 Million Order from Data Center Customer

    FORT LEE, N.J., Jan. 11, 2019 /PRNewswire/ -- Pioneer Power Solutions, Inc. (PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment today announced that the company secured a new order from an existing customer valued at approximately $2.6 million for highly customized magnetic coils to be integrated into its Power Distribution Unit (PDU) product line for installation in new data centers. Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "Pioneer's ability to provide highly customized power distribution solutions on budget and on time enabled us to win this meaningful award, further solidifying our position as an important vendor in the growing data center market.

  • GlobeNewswire

    Report: Exploring Fundamental Drivers Behind FirstService, WNS (Holdings), Pioneer Power Solutions, Visteon, Pixelworks, and Nevada Gold & Casinos — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Nov. 13, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • PR Newswire

    Pioneer Reports Third Quarter 2018 Financial Results

    Income from Continuing Operations Increases $1M ; Adjusted EBITDA* of $3M ; Record Backlog of $41 Million FORT LEE, N.J. , Nov. 8, 2018 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer" ...

  • PR Newswire

    Pioneer to Host Third Quarter 2018 Financial Results Conference Call on Thursday, November 8, 2018 at 4:30 p.m. ET

    FORT LEE, N.J. , Oct. 24, 2018 /PRNewswire/ -- Pioneer Power Solutions, Inc . (Nasdaq: PPSI) ("Pioneer" or the "Company"), a company engaged in the manufacture, sale and service of ...