iPower Stock Scheduled to Reverse Split on Monday, October 27th (NYSE:IPW)

Shares of iPower Inc. (NYSE:IPW) are going to reverse split before the market opens on Monday, October 27th. The 1-30 reverse split was announced on Tuesday, October 21st. The number of shares owned by shareholders will be adjusted after the market closes on Friday, October 24th.

iPower Stock Up 4.5%

NYSE:IPW opened at $0.59 on Thursday. The firm has a market capitalization of $18.71 million, a PE ratio of -3.96 and a beta of 3.47. The stock has a 50 day moving average of $0.55 and a 200-day moving average of $0.58. iPower has a 52 week low of $0.41 and a 52 week high of $1.62. The company has a current ratio of 1.95, a quick ratio of 1.25 and a debt-to-equity ratio of 0.19.

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.