iPower (IPW) Scheduled to Post Earnings on Tuesday

iPower (NASDAQ:IPWGet Rating) will release its earnings data after the market closes on Tuesday, September 27th. Analysts expect iPower to post earnings of $0.03 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

iPower Price Performance

IPW stock opened at $0.91 on Tuesday. The stock has a 50-day moving average price of $1.14 and a two-hundred day moving average price of $1.16. The stock has a market cap of $24.18 million, a PE ratio of 45.64 and a beta of 1.07. The company has a current ratio of 2.84, a quick ratio of 1.62 and a debt-to-equity ratio of 0.40. iPower has a 1 year low of $0.86 and a 1 year high of $5.18.

Hedge Funds Weigh In On iPower

A number of large investors have recently added to or reduced their stakes in the company. Millennium Management LLC bought a new position in shares of iPower in the 2nd quarter valued at about $52,000. Renaissance Technologies LLC acquired a new stake in iPower in the 1st quarter valued at about $61,000. Finally, Vanguard Group Inc. lifted its stake in iPower by 409.0% in the 1st quarter. Vanguard Group Inc. now owns 353,924 shares of the company’s stock valued at $595,000 after purchasing an additional 284,391 shares during the last quarter. Institutional investors own 2.45% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on iPower in a report on Tuesday, August 9th. They set a “hold” rating for the company.

About iPower

(Get Rating)

iPower Inc engages in the online retail of hydroponics equipment 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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Earnings History for iPower (NASDAQ:IPW)

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