Should You Sell iPower Inc (IPW) And Go Away This Year?

iPower Inc (NASDAQ:IPW) currently has a daily average trading volume of 24.78K but it saw 8919221 shares traded in last market. With a market cap of 37.57M USD, the company’s current market price of $1.26 came rising about 42.59 while comparing to the previous closing price of $0.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.45 and as low as $0.40.

Taking a look at 20-day trading activity of iPower Inc (IPW) gives us an average price of $0.5731, while its current price level is -13.10% below from 52-week high level whereas it is 215.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5606 while that of 200 days or SMA-200 reads an average of $0.6059. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.39% during that period while stretching the period over a month that decreases to 13.96%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 89.13 which implies that the stock is in overbought territory.

Over the week, IPW’s stock price is moving 114.47% up while it is 152.00% when we observe its performance for the past one month. Year-to-date it is 180.00% up and over the past year, the stock is showing an upside performance of 88.06%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.1 beaten by the consensus estimate of -0.03 for the same. In next quarter, company is expected to be making quarterly sales of $22.4M as analysts are expecting the sales for current fiscal year at $83.2M and seeing the company making $88.8M in sales next year. Moreover, analysts are in estimates of $21.3M for current-quarter revenue.

Currently, iPower Inc’s total number of outstanding shares is 29.71M. Company’s return on investment (ROI) stands at -21.49% and return on equity (ROE) at -24.08%. It has a 126.00 of forward P/E ratio. Stock’s beta reads 2.93. Stock has a price to book (P/B) ratio of 1.98 while price to sale or P/S ratio amounts to 0.42. Its return on asset (ROA) is -9.17% on average.