On 6/12/24, Ideal Power Inc (NASDAQ: IPWR) stock enjoyed a major increase of 10.0%, closing at $7.79. Moreover, this advance was accompanied by unusually high trading volume at 179% of normal. Relative to the market the stock has been weak over the last nine months but has risen 7.7% during the last week.
Current PriceTarget Research Rating
IPWR is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to be below the cost of capital.
Ideal Power has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Ideal Power has a slightly negative Power Rating of 35 and a very low Appreciation Score of 2, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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