iPower (NASDAQ:IPW) Coverage Initiated by Analysts at Weiss Ratings

Weiss Ratings assumed coverage on shares of iPower (NASDAQ:IPW) in a research note issued to investors on Tuesday,Weiss Ratings reports. The brokerage issued a sell (d-) rating on the stock.

iPower Stock Performance

NASDAQ:IPW opened at $29.10 on Tuesday. The stock’s 50-day simple moving average is $16.88 and its 200 day simple moving average is $17.57. The company has a market cap of $30.56 million, a P/E ratio of -6.46 and a beta of 3.47. iPower has a 52-week low of $12.38 and a 52-week high of $46.20.

About iPower

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.