The stock of iPower Inc (NASDAQ: IPW) has decreased by -10.80 when compared to last closing price of 0.95.Despite this, the company has seen a loss of -4.49% in its stock price over the last five trading days. globenewswire.com reported 2024-12-10 that RANCHO CUCAMONGA, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, today announced its Chief Financial Officer, Kevin Vassily, will participate in the upcoming Water Tower Research Fireside Chat Series taking place virtually on Wednesday, December 11, 2024, at 2:00 p.m. ET.
Is It Worth Investing in iPower Inc (NASDAQ: IPW) Right Now?
Moreover, the 36-month beta value for IPW is 3.68. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for IPW is 12.78M and currently, short sellers hold a 3.01% of that float. On January 15, 2025, IPW’s average trading volume was 265.61K shares.
IPW’s Market Performance
The stock of iPower Inc (IPW) has seen a -4.49% decrease in the past week, with a -6.71% drop in the past month, and a -46.54% fall in the past quarter. The volatility ratio for the week is 15.79%, and the volatility levels for the past 30 days are at 11.18% for IPW. The simple moving average for the past 20 days is -2.88% for IPW’s stock, with a -36.15% simple moving average for the past 200 days.
IPW Trading at -9.98% 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 -76.71% of loss for the given period.
Volatility was left at 11.18%, however, over the last 30 days, the volatility rate increased by 15.79%, as shares sank -8.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.33% lower at present.
During the last 5 trading sessions, IPW fell by -4.49%, which changed the moving average for the period of 200-days by +49.12% in comparison to the 20-day moving average, which settled at $0.8751. In addition, iPower Inc saw 2.07% 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 10,000 shares at the price of $0.69 back on Nov 26 ’24. After this action, TAN CHENLONG now owns 8,073,334 shares of iPower Inc, valued at $6,850 using the latest closing price.
TAN CHENLONG, the Chief Executive Officer of iPower Inc, purchase 20,000 shares at $1.54 during a trade that took place back on May 21 ’24, which means that TAN CHENLONG is holding 8,063,334 shares at $30,900 based on the most recent closing price.
Stock Fundamentals for IPW
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.46 for the gross margin
The net margin for iPower Inc stands at -0.03. The total capital return value is set at -0.09. Equity return is now at value -11.11, with -4.72 for asset returns.
Based on iPower Inc (IPW), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is -3.49.
Currently, EBITDA for the company is 1.51 million with net debt to EBITDA at -7.67. When we switch over and look at the enterprise to sales, we see a ratio of 0.42. The receivables turnover for the company is 6.4for trailing twelve months and the total asset turnover is 1.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.86.
Conclusion
To wrap up, the performance of iPower Inc (IPW) has been mixed in recent times. The stock has received a mixed 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.
