In Thursday’s Wall Street session, iPower Inc (NASDAQ:IPW) shares traded at $0.64, down -6.82% from the previous session.
IPW stock price is now 9.97% away from the 50-day moving average and -25.46% away from the 200-day moving average. The market capitalization of the company currently stands at $20.13M.
In other news, TAN CHENLONG, CEO & Chairman bought 10,000 shares of the company’s stock on Nov 26 ’24. The stock was bought for $6,850 at an average price of $0.69. Upon completion of the transaction, the CEO & Chairman now directly owns 8,073,334 shares in the company, valued at $5.17 million. A total of 59.31% of the company’s stock is owned by insiders.
During the past 12 months, iPower Inc has had a low of $0.41 and a high of $2.36. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 1.92, and a quick ratio of 0.99. The fifty day moving average price for IPW is $0.5838 and a two-hundred day moving average price translates $0.861335 for the stock.
The latest earnings results from iPower Inc (NASDAQ: IPW) was released for 2025-03-31. The net profit margin was -2.01% and return on equity was -7.51% for IPW. The company reported revenue of $16.57 million for the quarter, compared to $23.31 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -28.91 percent.
