iPower Inc (IPW) went down -4.31% yesterday: Is this the Most Sought-After Stock Today?

iPower Inc (NASDAQ: IPW) started the day on Tuesday, with a price decrease of -4.31% at $2.00, before settling in for the price of $2.09 at the close. Taking a more long-term approach, IPW posted a 52-week range of $0.40-$3.65.

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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 42.26%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 75.19%. This publicly-traded company’s shares outstanding now amounts to $29.71 million, simultaneously with a float of $10.90 million. The organization now has a market capitalization sitting at $59.64 million. At the time of writing, stock’s 50-day Moving Average stood at $1.35, while the 200-day Moving Average is $0.78.

iPower Inc (IPW) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Internet Retail Industry. iPower Inc’s current insider ownership accounts for 63.43%, in contrast to 2.82% institutional ownership. According to the most recent insider trade that took place on May 21 ’24, this organization’s Chief Executive Officer bought 20,000 shares at the rate of 1.54, making the entire transaction reach 30,900 in total value, affecting insider ownership by 8,063,334.

iPower Inc (IPW) Earnings and Revenue Records

iPower Inc’s EPS increase for this current 12-month fiscal period is 75.19% and is forecasted to reach 0.01 in the upcoming year.

iPower Inc (NASDAQ: IPW) Trading Performance Indicators

Let’s observe the current performance indicators for iPower Inc (IPW). It’s Quick Ratio in the last reported quarter now stands at 0.77. The Stock has managed to achieve an average true range (ATR) of 0.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.66. Similarly, its price to free cash flow for trailing twelve months is now 9.97.

In the same vein, IPW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.17, a figure that is expected to reach 0.00 in the next quarter, and analysts are predicting that it will be 0.01 at the market close of one year from today.

Technical Analysis of iPower Inc (IPW)

If we take a close look at the recent performances of iPower Inc (NASDAQ: IPW), its last 5-days Average volume was 1.13 million that shows progress from its year to date volume of 0.37 million. During the previous 9 days, stock’s Stochastic %D was recorded 33.05% While, its Average True Range was 0.61.

Raw Stochastic average of iPower Inc (IPW) in the period of the previous 100 days is set at 49.23%, which indicates a major rise in contrast to 8.33% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 246.67% that was higher than 202.35% volatility it exhibited in the past 100-days period.