Powell Industries traded at $284.87 this Friday June 5th, decreasing $15.19 or 5.06 percent since the previous trading session. Looking back, over the last four weeks, Powell Industries lost 11.06 percent. Over the last 12 months, its price rose by 347.46 percent. Looking ahead, we forecast Powell Industries to be priced at 278.76 by the end of this quarter and at 262.45 in one year, according to Trading Economics global macro models projections and analysts expectations.
Powell Industries, Inc. develops, designs, manufactures and services custom-engineered equipment and systems. The Company also distributes, controls and monitors the flow of electrical energy and provides protection to motors, transformers and other electrically powered equipment. The Company's principal products include integrated power control room substations (PCRs), custom-engineered modules, electrical houses (E-Houses), traditional and arc-resistant distribution switchgear and control gear, medium-voltage circuit breakers, monitoring and control communications systems, motor control centers, switches and bus duct systems. Its products are designed for application voltages ranging from approximately 480 volts to over 38,000 volts, which are used in oil and gas refining, onshore and offshore oil and gas production, petrochemical, liquefied natural gas (LNG) terminals, pipeline, terminal, mining and metals, light rail traction power, electric utility, and pulp and paper.