Market Recap: iPower Inc (IPW)’s Negative Momentum%, Closing at $0.54

Kiel Thompson

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

The closing price of iPower Inc (NASDAQ: IPW) was $0.54 for the day, down -6.38% from the previous closing price of $0.57. In other words, the price has decreased by -$6.38 from its previous closing price. On the day, 1.68 million shares were traded. IPW stock price reached its highest trading level at $0.5688 during the session, while it also had its lowest trading level at $0.5038.

Ratios:

Our analysis of IPW’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.30. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.33.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 26 ’24 when TAN CHENLONG bought 10,000 shares for $0.69 per share. The transaction valued at 6,850 led to the insider holds 8,073,334 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IPW now has a Market Capitalization of 16833996 and an Enterprise Value of 22828304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 0.308 whereas that against EBITDA is -78.311.

Stock Price History:

The Beta on a monthly basis for IPW is 3.49, which has changed by -0.67650604 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, IPW has reached a high of $2.36, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -8.06%, while the 200-Day Moving Average is calculated to be -15.79%.

Shares Statistics:

IPW traded an average of 939.50K shares per day over the past three months and 5414900 shares per day over the past ten days. A total of 31.36M shares are outstanding, with a floating share count of 12.74M. Insiders hold about 59.37% of the company’s shares, while institutions hold 3.46% stake in the company. Shares short for IPW as of 1756425600 were 412646 with a Short Ratio of 0.44, compared to 1753920000 on 412290. Therefore, it implies a Short% of Shares Outstanding of 412646 and a Short% of Float of 2.6300002.

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