iPower (NASDAQ:IPW) Upgraded at Wall Street Zen

iPower (NASDAQ:IPW) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Sunday.

Separately, Weiss Ratings began coverage on iPower in a research report on Tuesday, October 28th. They set a “sell (d-)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat, iPower currently has an average rating of “Sell”.

iPower Trading Down 0.1%

Shares of NASDAQ IPW opened at $9.29 on Friday. The company’s 50-day moving average price is $15.23 and its 200 day moving average price is $16.93. iPower has a 52 week low of $8.43 and a 52 week high of $34.65. The stock has a market cap of $9.75 million, a price-to-earnings ratio of -2.89 and a beta of 3.44.

iPower (NASDAQ:IPW) last announced its earnings results on Friday, November 14th. The company reported ($0.51) earnings per share (EPS) for the quarter. The business had revenue of $12.02 million for the quarter. iPower had a negative return on equity of 17.67% and a negative net margin of 5.87%.

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.