iPower (NASDAQ:IPW) Upgraded by Wall Street Zen to Sell Rating

Wall Street Zen upgraded shares of iPower (NASDAQ:IPW) to a sell rating in a research report released on Saturday morning.

Separately, Weiss Ratings initiated coverage on shares of iPower in a report on Tuesday, October 28th. They issued a “sell (d-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

iPower Stock Performance

Shares of IPW stock opened at $9.40 on Friday. iPower has a fifty-two week low of $8.43 and a fifty-two week high of $34.65. The stock’s fifty day moving average price is $15.86 and its two-hundred day moving average price is $17.19. The company has a market cap of $9.87 million, a PE ratio of -2.93 and a beta of 3.44.

iPower (NASDAQ:IPW) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.51) earnings per share for the quarter. The business had revenue of $12.02 million for the quarter. iPower had a negative return on equity of 24.28% and a negative net margin of 7.51%.

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.