iPower Stock Scheduled to Reverse Split on Monday, October 27th (NYSE:IPW)

iPower Inc. (NYSE:IPW)’s stock is going to reverse split before the market opens on Monday, October 27th. The 1-30 reverse split was announced on Tuesday, October 21st. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, October 24th.

iPower Price Performance

Shares of NYSE IPW opened at $0.59 on Thursday. iPower has a twelve month low of $0.41 and a twelve month high of $1.62. The firm has a market cap of $18.71 million, a P/E ratio of -3.96 and a beta of 3.47. The company has a 50 day moving average of $0.55 and a 200 day moving average of $0.58. The company has a quick ratio of 1.25, a current ratio of 1.95 and a debt-to-equity ratio of 0.19.

iPower Company Profile

iPower Inc operates as an online retailer and supplier of consumer home, garden, and pet products for commercial businesses and individuals in the United States. The company offers grow light systems; advanced heating, ventilation, and air conditioning systems; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media products.