Ideal Power (IPWR) to Release Earnings on Wednesday

Ideal Power (NASDAQ:IPWR) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, May 15th. Investors that are interested in registering for the company’s conference call can do so using this link.

Ideal Power (NASDAQ:IPWR) last posted its quarterly earnings results on Thursday, February 29th. The industrial products company reported ($0.39) EPS for the quarter. The firm had revenue of $0.06 million during the quarter. Ideal Power had a negative return on equity of 75.69% and a negative net margin of 4,977.50%.

Ideal Power Stock Up 2.1 %

Shares of Ideal Power stock opened at $7.88 on Wednesday. The business has a 50-day moving average price of $9.22 and a 200 day moving average price of $8.52. Ideal Power has a fifty-two week low of $6.61 and a fifty-two week high of $13.98. The firm has a market cap of $60.52 million, a P/E ratio of -4.89 and a beta of 1.02.

Wall Street Analysts Forecast Growth

Separately, Benchmark dropped their price objective on shares of Ideal Power from $18.00 to $14.00 and set a “buy” rating on the stock in a research note on Wednesday, March 27th.

About Ideal Power

Ideal Power Inc focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. It also offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market. The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission switches and controls, and other industrial and military markets.