Additionally, the 36-month beta value for IPWR is 1.01. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for IPWR is 5.67M and currently, short sellers hold a 1.42% ratio of that float. The average trading volume of IPWR on March 28, 2024 was 36.84K shares.
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IPWR) stock’s latest price update
The stock price of Ideal Power Inc (NASDAQ: IPWR) has jumped by 14.32 compared to previous close of 7.75. Despite this, the company has seen a fall of -16.81% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-02 that Ideal Power Inc. (IPWR) Q4 2023 Earnings Call Transcript
IPWR’s Market Performance
IPWR’s stock has fallen by -16.81% in the past week, with a monthly drop of -18.42% and a quarterly rise of 5.79%. The volatility ratio for the week is 15.83% while the volatility levels for the last 30 days are 11.60% for Ideal Power Inc The simple moving average for the past 20 days is -20.92% for IPWR’s stock, with a -8.27% simple moving average for the past 200 days.
Analysts’ Opinion of IPWR
Many brokerage firms have already submitted their reports for IPWR stocks, with The Benchmark Company repeating the rating for IPWR by listing it as a “Buy.” The predicted price for IPWR in the upcoming period, according to The Benchmark Company is $28 based on the research report published on August 16, 2021 of the previous year 2021.
The Benchmark Company, on the other hand, stated in their research note that they expect to see IPWR reach a price target of $28. The rating they have provided for IPWR stocks is “Speculative Buy” according to the report published on February 16th, 2021.
IPWR Trading at -3.78% from the 50-Day Moving Average
After a stumble in the market that brought IPWR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.62% of loss for the given period.
Volatility was left at 11.60%, however, over the last 30 days, the volatility rate increased by 15.83%, as shares sank -23.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.75% upper at present.
During the last 5 trading sessions, IPWR fell by -16.81%, which changed the moving average for the period of 200-days by -19.45% in comparison to the 20-day moving average, which settled at $11.07. In addition, Ideal Power Inc saw 14.03% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IPWR starting from BRDAR DANIEL, who purchase 4,500 shares at the price of $9.40 back on May 16 ’23. After this action, BRDAR DANIEL now owns 103,799 shares of Ideal Power Inc, valued at $42,300 using the latest closing price.
BURNS TIMOTHY, the Chief Financial Officer of Ideal Power Inc, purchase 2,500 shares at $9.24 during a trade that took place back on May 15 ’23, which means that BURNS TIMOTHY is holding 53,767 shares at $23,100 based on the most recent closing price.
Stock Fundamentals for IPWR
Current profitability levels for the company are sitting at:
- -52.05 for the present operating margin
- -0.2 for the gross margin
The net margin for Ideal Power Inc stands at -48.93. The total capital return value is set at -0.91. Equity return is now at value -71.18, with -62.91 for asset returns.
Based on Ideal Power Inc (IPWR), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -35.13. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -93.01.
Currently, EBITDA for the company is -10.08 million with net debt to EBITDA at 0.82. When we switch over and look at the enterprise to sales, we see a ratio of 223.28. The receivables turnover for the company is 2.84for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.79.
Conclusion
In conclusion, Ideal Power Inc (IPWR) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
