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In the latest session, iPower Inc (NASDAQ: IPW) closed at $0.72 down -40.00% from its previous closing price of $1.20. In other words, the price has decreased by -$40.00 from its previous closing price. On the day, 1.13 million shares were traded. IPW stock price reached its highest trading level at $0.9213 during the session, while it also had its lowest trading level at $0.7125.
Ratios:
For a deeper understanding of iPower Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.70. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.33.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 22626216 and an Enterprise Value of 28101230. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 0.326 whereas that against EBITDA is -168.607.
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 -53.05%, while the 200-Day Moving Average is calculated to be -44.37%.
Shares Statistics:
For the past three months, IPW has traded an average of 359.34K shares per day and 386580 over the past ten days. A total of 31.36M shares are outstanding, with a floating share count of 13.10M. Insiders hold about 58.34% of the company’s shares, while institutions hold 2.86% stake in the company. Shares short for IPW as of 1730332800 were 224463 with a Short Ratio of 0.62, compared to 1727654400 on 486625. Therefore, it implies a Short% of Shares Outstanding of 224463 and a Short% of Float of 1.4199998999999999.
