Ideal Power Inc. (NASDAQ:IPWR – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.09 and traded as low as $7.30. Ideal Power shares last traded at $7.36, with a volume of 11,283 shares changing hands.
Ideal Power Stock Performance
The firm has a market cap of $54.71 million, a price-to-earnings ratio of -4.48 and a beta of 1.04. The business’s 50 day moving average price is $7.27 and its 200-day moving average price is $8.09.
Ideal Power (NASDAQ:IPWR – Get Free Report) last issued its earnings results on Wednesday, May 15th. The industrial products company reported ($0.39) earnings per share (EPS) for the quarter. The company had revenue of $0.08 million during the quarter. Ideal Power had a negative net margin of 3,560.07% and a negative return on equity of 67.87%.
Institutional Inflows and Outflows
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.
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