Ideal Power (IPWR) Scheduled to Post Quarterly Earnings on Wednesday

Ideal Power (NASDAQ:IPWR) is set to post its quarterly earnings results before the market opens on Wednesday, May 15th. Parties that wish to register for the company’s conference call can do so using this link.

Ideal Power (NASDAQ:IPWR) last issued its quarterly earnings data on Thursday, February 29th. The industrial products company reported ($0.39) earnings per share (EPS) for the quarter. Ideal Power had a negative net margin of 4,977.50% and a negative return on equity of 75.69%. The business had revenue of $0.06 million during the quarter.

Ideal Power Stock Performance

NASDAQ IPWR opened at $7.88 on Wednesday. Ideal Power has a 52-week low of $6.61 and a 52-week high of $13.98. The business has a 50 day simple moving average of $9.22 and a 200 day simple moving average of $8.52. The stock has a market cap of $60.52 million, a price-to-earnings ratio of -4.89 and a beta of 1.02.

Wall Street Analysts Forecast Growth

Separately, Benchmark dropped their price objective on shares of Ideal Power from $18.00 to $14.00 and set a “buy” rating on the stock in a report on Wednesday, March 27th.

Ideal Power Company Profile

Ideal Power Inc focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. It also offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market. The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission switches and controls, and other industrial and military markets.