iPower (NYSE:IPW) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of iPower (NYSE:IPWGet Rating) in a report issued on Thursday. The brokerage set a “hold” rating on the stock.

IPW stock opened at $1.28 on Thursday. iPower has a 12 month low of $1.24 and a 12 month high of $10.73. The business has a 50 day simple moving average of $1.56.

iPower (NYSE:IPWGet Rating) last posted its earnings results on Monday, February 14th. The company reported $0.03 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.03. The business had revenue of $17.13 million during the quarter, compared to the consensus estimate of $15.50 million.

About iPower (Get Rating)

iPower Inc supplies hydroponics equipment online in the United States. It offers various products, including advanced indoor and greenhouse grow-light systems, ventilation systems, activated carbon filters, nutrients, growing media, hydroponic water-resistant grow tents, trimming machines, pumps, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products under the iPower and Simple Deluxe brands through its Zenhydro.com website and various third-party e-commerce channels.

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