A new trading day began on Friday, with iPower Inc (NASDAQ: IPW) stock price down -9.83% from the previous day of trading, before settling in for the closing price of $1.73. IPW’s price has ranged from $0.40 to $3.65 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 33.17%. Meanwhile, its annual earnings per share averaged 1400.00%. With a float of $13.09 million, this company’s outstanding shares have now reached $31.36 million.
Let’s determine the extent of company efficiency that accounts for 60 employees. In terms of profitability, gross margin is 45.61%, operating margin of -1.12%, and the pretax margin is -2.08%.
iPower Inc (IPW) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Retail Industry. The insider ownership of iPower Inc is 58.34%, while institutional ownership is 7.31%. The most recent insider transaction that took place on May 21 ’24, was worth 30,900. In this transaction Chief Executive Officer of this company bought 20,000 shares at a rate of $1.54, taking the stock ownership to the 8,063,334 shares.
iPower Inc (IPW) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.04 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1400.00% per share during the next fiscal year.
iPower Inc (NASDAQ: IPW) Trading Performance Indicators
Here are iPower Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.57. Likewise, its price to free cash flow for the trailing twelve months is 7.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit 0.02 in the next quarter
Technical Analysis of iPower Inc (IPW)
Looking closely at iPower Inc (NASDAQ: IPW), its last 5-days average volume was 0.66 million, which is a jump from its year-to-date volume of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 35.72%. Additionally, its Average True Range was 0.23.
During the past 100 days, iPower Inc’s (IPW) raw stochastic average was set at 16.40%, which indicates a significant increase from 9.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 162.47% in the past 14 days, which was higher than the 146.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5243, while its 200-day Moving Average is $1.2117. However, in the short run, iPower Inc’s stock first resistance to watch stands at $1.7000. Second resistance stands at $1.8400. The third major resistance level sits at $1.9300. If the price goes on to break the first support level at $1.4700, it is likely to go to the next support level at $1.3800. Now, if the price goes above the second support level, the third support stands at $1.2400.
iPower Inc (NASDAQ: IPW) Key Stats
With a market capitalization of 49.03 million, the company has a total of 31,404K Shares Outstanding. Currently, annual sales are 86,070 K while annual income is -1,530 K. The company’s previous quarter sales were 19,450 K while its latest quarter income was 660 K.
