The trading price of iPower Inc (NASDAQ:IPW) floating lower at last check on current market day and closing at $0.61, -0.16% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $2.60 and a 52-week low of $0.41. Over the past month, the stock has gained 13.48% in value.
iPower Inc, whose market valuation is $19.22 million at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest IPW has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that IPW’s price is currently 9.40% off the SMA20 and 10.68% off the SMA50. The RSI metric on the 14-day chart is currently showing 53.73, and weekly volatility stands at 3.94%. When measured over the past 30 days, the indicator reaches 6.70%. iPower Inc (NASDAQ:IPW)’s beta value is currently sitting at 3.47, while the Average True Range indicator is currently displaying 0.11.
To see how iPower Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: IPW stock’s performance was -0.16% at last check in today’s session, and -80.10% in the past year.
An evaluation of the daily trading volume of iPower Inc (NASDAQ:IPW) indicates that the 3-month average is 288.85K.
Currently, records show that 31.36 million of the company’s shares remain outstanding. The insiders hold 59.31% of outstanding shares, whereas institutions hold 3.61%. However, since the stock’s price has seen -26.39% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
