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The closing price of iPower Inc (NASDAQ: IPW) was $1.40 for the day, up 6.06% from the previous closing price of $1.32. In other words, the price has increased by $6.06 from its previous closing price. On the day, 0.72 million shares were traded. IPW stock price reached its highest trading level at $1.46 during the session, while it also had its lowest trading level at $1.22.
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 5.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.14. 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:
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 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 43995420 and an Enterprise Value of 49470428. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 0.575 whereas that against EBITDA is -296.822.
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 -9.13%, while the 200-Day Moving Average is calculated to be 9.19%.
Shares Statistics:
IPW traded an average of 337.43K shares per day over the past three months and 203400 shares per day over the past ten days. A total of 31.36M shares are outstanding, with a floating share count of 13.09M. Insiders hold about 58.34% of the company’s shares, while institutions hold 7.37% stake in the company. Shares short for IPW as of 1728950400 were 281432 with a Short Ratio of 0.83, compared to 1726185600 on 73586. Therefore, it implies a Short% of Shares Outstanding of 281432 and a Short% of Float of 1.78.
