Ideal Power (NASDAQ:IPWR) Stock Passes Below 50-Day Moving Average of $1.84

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Ideal Power Inc (NASDAQ:IPWR) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1.84 and traded as low as $4.25. Ideal Power shares last traded at $4.25, with a volume of 1,000 shares changing hands.

Separately, ValuEngine raised shares of Ideal Power from a “hold” rating to a “buy” rating in a research report on Wednesday, September 4th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $2.00.

The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.07. The company’s 50-day moving average is $1.92 and its two-hundred day moving average is $0.78.

Ideal Power Company Profile (NASDAQ:IPWR)

Ideal Power Inc develops power conversion solutions with a focus on solar and storage, microgrid, and stand-alone energy storage applications. It operates through two Divisions, Power Conversion Systems and B-TRAN. The Power Conversion Systems Division focuses on its Power Packet Switching Architecture technology.

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