Closing Strong: iPower Inc (IPW) Ends at 1.68, Down -19.23 from Last Close

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $2.08 in the prior trading day, iPower Inc (NASDAQ: IPW) closed at $1.68, down -19.23%. In other words, the price has decreased by -$19.23 from its previous closing price. On the day, 1.32 million shares were traded. IPW stock price reached its highest trading level at $2.17 during the session, while it also had its lowest trading level at $1.65.

Ratios:

Our goal is to gain a better understanding of IPW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.57. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.20.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 21 ’24 when TAN CHENLONG bought 20,000 shares for $1.54 per share. The transaction valued at 30,900 led to the insider holds 8,063,334 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 52794504 and an Enterprise Value of 58269508. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 0.677 whereas that against EBITDA is -349.616.

Stock Price History:

Over the past 52 weeks, IPW has reached a high of $3.65, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is 13.39%, while the 200-Day Moving Average is calculated to be 46.75%.

Shares Statistics:

The stock has traded on average 262.91K shares per day over the past 3-months and 741770 shares per day over the last 10 days, according to various share statistics. A total of 31.36M shares are outstanding, with a floating share count of 13.05M. Insiders hold about 58.46% of the company’s shares, while institutions hold 7.31% stake in the company. Shares short for IPW as of 1726185600 were 73586 with a Short Ratio of 0.28, compared to 1723680000 on 325628. Therefore, it implies a Short% of Shares Outstanding of 73586 and a Short% of Float of 0.49.

Most Popular