Ideal Power (NASDAQ:IPWR) Downgraded by ValuEngine to “Hold”

ValuEngine cut shares of Ideal Power (NASDAQ:IPWR) from a buy rating to a hold rating in a report issued on Wednesday, ValuEngine reports.

Shares of IPWR stock opened at $3.76 on Wednesday. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.07. Ideal Power has a 1 year low of $2.00 and a 1 year high of $10.10. The stock has a fifty day moving average of $0.57 and a two-hundred day moving average of $0.44.

About Ideal Power

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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