In the last trading session, 1.9 million shares of the iPower Inc (NASDAQ:IPW) were traded, and its beta was 3.47. Most recently the company’s share price was $0.60, and it changed around -$0.01 or -1.87% from the last close, which brings the market valuation of the company to $18.89M. IPW currently trades at a discount to its 52-week high of $2.60, offering almost -333.33% off that amount. The share price’s 52-week low was $0.41, which indicates that the current value has risen by an impressive 31.67% since then. We note from iPower Inc’s average daily trading volume that its 10-day average is 1.73 million shares, with the 3-month average coming to 288.85K.
iPower Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended IPW as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. iPower Inc is expected to report earnings per share of 0 for the current quarter.
iPower Inc (NASDAQ:IPW) trade information
Instantly IPW has showed a red trend with a performance of -1.87% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.8400 on recent trading dayincreased the stock’s daily price by 28.57%. The company’s shares are currently down -27.65% year-to-date, but still down -18.16% over the last five days. On the other hand, iPower Inc (NASDAQ:IPW) is 11.53% up in the 30-day period. We can see from the shorts that 0.35 million shares have been sold at a short interest cover period of 8.49 day(s).
IPW Dividends
iPower Inc’s next quarterly earnings report is expected to be released on 2024-Nov-13.
iPower Inc (NASDAQ:IPW)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 60.91% of iPower Inc shares, and 3.61% of them are in the hands of institutional investors. The stock currently has a share float of 9.24%. iPower Inc stock is held by 18.0 institutions, with ARMISTICE CAPITAL, LLC being the largest institutional investor. By 2024-06-30, it held 4.8965% of the shares, which is about 1.46 million shares worth $3.04 million.
VANGUARD GROUP INC, with 1.4568% or 0.44 million shares worth $0.91 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
