Investment analysts at StockNews.com initiated coverage on shares of Ideal Power (NASDAQ:IPWR – Get Rating) in a research report issued to clients and investors on Saturday. The firm set a “sell” rating on the industrial products company’s stock.
Separately, Benchmark restated a “buy” rating and issued a $18.00 price target on shares of Ideal Power in a research report on Thursday.
Ideal Power Stock Performance
Shares of NASDAQ IPWR opened at $11.07 on Friday. Ideal Power has a 52-week low of $7.50 and a 52-week high of $14.89. The firm has a 50 day moving average price of $11.98 and a two-hundred day moving average price of $11.90. The stock has a market cap of $65.65 million, a P/E ratio of -9.46 and a beta of 1.09.
Institutional Investors Weigh In On Ideal Power
Ideal Power Company Profile
Ideal Power, Inc engages in the development of power converter solutions for photovoltaic generation, grid-storage and electrified vehicle charging. Its products include solar inverters, bi-directional battery, electric vehicle chargers, photovoltaic inverters and battery converters. The firm has developed the patented Power Packet Switching Architecture power conversion technology.
- Get a free copy of the StockNews.com research report on Ideal Power (IPWR)
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