Somewhat Positive News Coverage Somewhat Unlikely to Impact Ideal Power (NASDAQ:IPWR) Share Price

News headlines about Ideal Power (NASDAQ:IPWR) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ideal Power earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.5425354244588 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Ideal Power (IPWR) traded down 4.55% on Friday, reaching $2.31. The company had a trading volume of 57,875 shares. The company’s 50-day moving average price is $2.39 and its 200 day moving average price is $2.50. The firm’s market capitalization is $32.33 million. Ideal Power has a 52 week low of $1.91 and a 52 week high of $5.60.

Ideal Power (NASDAQ:IPWR) last released its quarterly earnings data on Thursday, August 10th. The industrial products company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.20) by $0.03. Ideal Power had a negative net margin of 1,267.05% and a negative return on equity of 77.22%. The firm had revenue of $0.25 million during the quarter, compared to analysts’ expectations of $0.51 million. On average, analysts expect that Ideal Power will post ($0.89) EPS for the current year.

IPWR has been the subject of a number of research reports. HC Wainwright set a $4.00 target price on Ideal Power and gave the stock a “buy” rating in a report on Friday, August 11th. ValuEngine upgraded Ideal Power from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research upgraded Ideal Power from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, FBR & Co reiterated a “buy” rating and set a $6.00 price target on shares of Ideal Power in a research report on Monday, May 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $5.10.

ILLEGAL ACTIVITY WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Impact Ideal Power (NASDAQ:IPWR) Share Price” was published by BNB Daily and is the sole property of of BNB Daily. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.baseball-news-blog.com/2017/08/19/ideal-power-nasdaqipwr-receiving-somewhat-positive-press-coverage-analysis-shows-updated.html.

Ideal Power Company Profile

Ideal Power Inc (Ideal Power) designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company’s PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. It sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid.

Insider Buying and Selling by Quarter for Ideal Power (NASDAQ:IPWR)

Receive News & Ratings for Ideal Power Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ideal Power Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply