2 weeks Ago By ABMN Staff
iPower ( NYSE:IPW – Get Free Report ) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Wednesday. iPower Trading Down 9.
8 % Shares of IPW opened at $1.20 on Wednesday. The company’s fifty day simple moving average is $1.
54 and its 200-day simple moving average is $1.61. The company has a market cap of $37.
70 million, a P/E ratio of -23.60 and a beta of 4.07.
iPower has a twelve month low of $0.40 and a twelve month high of $3.65.
iPower ( NYSE:IPW – Get Free Report ) last posted its quarterly earnings data on Thursday, September 19th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.
01 by $0.02. iPower had a negative net margin of 1.
78% and a negative return on equity of 3.74%. The company had revenue of $19.
45 million for the quarter, compared to analyst estimates of $21.30 million. Institutional Trading of iPower About iPower ( Get Free Report ) iPower Inc operates as an online retailer and supplier of consumer home, garden, and pet products for commercial businesses and individuals in the United States.
The company offers grow light systems; advanced heating, ventilation, and air conditioning systems; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media products. Featured Articles Receive News & Ratings for iPower Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iPower and related companies with MarketBeat.com's FREE daily email newsletter .
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