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After finishing at $1.28 in the prior trading day, iPower Inc (NASDAQ: IPW) closed at $1.49, up 16.41%. In other words, the price has increased by $16.41 from its previous closing price. On the day, 0.81 million shares were traded. IPW stock price reached its highest trading level at $1.68 during the session, while it also had its lowest trading level at $1.36.
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 6.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.59. 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 46823696 and an Enterprise Value of 52201272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 0.606 whereas that against EBITDA is -318.487.
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 0.43%, while the 200-Day Moving Average is calculated to be 36.95%.
Shares Statistics:
The stock has traded on average 205.72K shares per day over the past 3-months and 483830 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 13.03M. Insiders hold about 60.54% of the company’s shares, while institutions hold 7.33% stake in the company. Shares short for IPW as of 1724976000 were 136234 with a Short Ratio of 0.66, compared to 1722384000 on 182703. Therefore, it implies a Short% of Shares Outstanding of 136234 and a Short% of Float of 0.8999999999999999.
