Powell Industries Inc (POWL) Files Form 4 Insider Buying : Richard E Williams Buys 1,000 Shares

Powell Industries Inc (POWL): Richard E Williams , director of Powell Industries Inc purchased 1,000 shares on May 10, 2016. The Insider buying transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $33.79 per share for a total value of $33,790.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 21, 2015, Joseph L Becherer (director) purchased 180 shares at $28.83 per share price.

Powell Industries: On Friday, May 6, 2016 heightened volatility was witnessed in Powell Industries which led to swings in the share price. The shares opened for trading at $32.092 and hit $33.1 on the upside , eventually ending the session at $33, with a gain of 2.01% or 0.65 points. The heightened volatility saw the trading volume jump to 78,854 shares. The 52-week high of the share price is $39.445 and the company has a market cap of $376 M . The 52-week low of the share price is at $23.

Powell Industries Money Flow Index Chart

Powell Industries Inc. (Powell) develops designs manufactures and services custom engineered-to-order equipment and systems for the management and control of electrical energy and other critical processes. The Company’s wholly owned subsidiaries include: Powell Electrical Systems Inc.; Transdyn Inc.; Powell Industries International B.V.; Switchgear & Instrumentation Limited (S&I) and Powell Canada Inc. The Company’s business operations are consolidated into two business segments: Electrical Power Products and Process Control Systems. The Electrical Power Products business segment develops designs manufactures and markets custom engineered-to-order electrical power distribution and control systems designed to distribute monitor and control the flow of electrical energy and to provide protection to motors transformers and other electrically-powered equipment.

Leave a Reply

Powell Industries - Is it time to Sell?

Top Brokerage Firms are advising their investors on Powell Industries. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.