iPower (NYSE:IPW) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of iPower (NYSE:IPWGet Rating) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the stock.

iPower Stock Performance

Shares of NYSE IPW opened at $0.72 on Friday. iPower has a twelve month low of $0.35 and a twelve month high of $2.07. The company has a 50 day moving average price of $0.79. The stock has a market capitalization of $21.39 million, a PE ratio of -2.77 and a beta of 2.42.

iPower Company Profile

(Get Rating)

iPower Inc operates as an online retailer and supplier of hydroponics equipment and accessories for commercial businesses and individuals in the United States. It offers advanced indoor and greenhouse grow-light systems, ventilation systems, activated carbon filters, nutrients, growing media, hydroponic water-resistant grow tents, trimming machines, pumps, and accessories for hydroponic gardening; general gardening products, including environmental sensors and controls; and home products, which comprise commercial fans, floor and wall fans, storage and shelving units, and chairs.

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