Moreover, the 36-month beta value for IPW is 4.02. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for IPW is 13.09M and currently, short sellers hold a 3.72% of that float. On October 21, 2024, IPW’s average trading volume was 317.31K shares.
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IPW) stock’s latest price update
iPower Inc (NASDAQ: IPW)’s stock price has dropped by -9.83 in relation to previous closing price of 1.73. Nevertheless, the company has seen a loss of -1.89% in its stock price over the last five trading days. zacks.com reported 2024-10-16 that iPower (IPW) made it through our ‘Fast-Paced Momentum at a Bargain’ screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
IPW’s Market Performance
iPower Inc (IPW) has seen a -1.89% fall in stock performance for the week, with a -3.70% decline in the past month and a -10.34% plunge in the past quarter. The volatility ratio for the week is 12.96%, and the volatility levels for the past 30 days are at 15.10% for IPW. The simple moving average for the past 20 days is -10.41% for IPW’s stock, with a 28.75% simple moving average for the past 200 days.
IPW Trading at 2.34% from the 50-Day Moving Average
After a stumble in the market that brought IPW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.26% of loss for the given period.
Volatility was left at 15.10%, however, over the last 30 days, the volatility rate increased by 12.96%, as shares surge +21.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.81% upper at present.
During the last 5 trading sessions, IPW fell by -1.89%, which changed the moving average for the period of 200-days by +237.30% in comparison to the 20-day moving average, which settled at $1.7413. In addition, iPower Inc saw 246.67% 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 IPW starting from TAN CHENLONG, who purchase 20,000 shares at the price of $1.54 back on May 21 ’24. After this action, TAN CHENLONG now owns 8,063,334 shares of iPower Inc, valued at $30,900 using the latest closing price.
Stock Fundamentals for IPW
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.46 for the gross margin
The net margin for iPower Inc stands at -0.02. The total capital return value is set at -0.03. Equity return is now at value -6.96, with -2.69 for asset returns.
Based on iPower Inc (IPW), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.51. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is -1.22.
Currently, EBITDA for the company is 1.51 million with net debt to EBITDA at 3.92. When we switch over and look at the enterprise to sales, we see a ratio of 0.63. The receivables turnover for the company is 5.56for trailing twelve months and the total asset turnover is 1.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
Conclusion
To wrap up, the performance of iPower Inc (IPW) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
