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

iPower (NASDAQ:IPW) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a research note issued to investors on Saturday.

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

iPower Trading Down 2.6%

iPower stock opened at $9.40 on Friday. iPower has a 1-year low of $8.43 and a 1-year high of $34.65. The firm has a market capitalization of $9.87 million, a PE ratio of -2.93 and a beta of 3.44. The firm’s 50 day simple moving average is $15.86 and its 200 day simple moving average is $17.19.

iPower (NASDAQ:IPW) last released its quarterly earnings results on Friday, November 14th. The company reported ($0.51) EPS for the quarter. iPower had a negative net margin of 5.87% and a negative return on equity of 17.17%. The firm had revenue of $12.02 million for the quarter.

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.