Shares of Ideal Power Inc. (NASDAQ:IPWR – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.59 and traded as low as $7.31. Ideal Power shares last traded at $7.52, with a volume of 16,735 shares.
Ideal Power Trading Down 1.2 %
The business has a 50 day moving average of $7.78 and a two-hundred day moving average of $7.59. The firm has a market cap of $56.40 million, a P/E ratio of -4.62 and a beta of 1.07.
Ideal Power (NASDAQ:IPWR – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The industrial products company reported ($0.31) earnings per share for the quarter. Ideal Power had a negative net margin of 7,138.19% and a negative return on equity of 62.80%.
Institutional Investors Weigh In On Ideal Power
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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