Media headlines about Ideal Power (NASDAQ:IPWR) have been trending somewhat positive this week, AlphaOne Sentiment reports. AlphaOne, a unit of Accern, identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ideal Power earned a media sentiment score of 0.20 on AlphaOne’s scale. AlphaOne also gave news articles about the industrial products company an impact score of 84 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the next several days.
Shares of Ideal Power (NASDAQ:IPWR) traded down 3.60% during mid-day trading on Friday, reaching $2.14. The company’s stock had a trading volume of 53,240 shares. Ideal Power has a 52-week low of $2.00 and a 52-week high of $5.60. The company’s market capitalization is $29.95 million. The firm’s 50 day moving average is $2.43 and its 200-day moving average is $2.83.
A number of analysts recently commented on IPWR shares. FBR & Co reiterated a “buy” rating and set a $6.00 price objective on shares of Ideal Power in a research report on Monday, May 15th. Roth Capital set a $4.00 price objective on Ideal Power and gave the stock a “hold” rating in a research report on Monday, March 20th. Zacks Investment Research upgraded Ideal Power from a “sell” rating to a “hold” rating in a research report on Friday, February 17th. ValuEngine cut Ideal Power from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. Finally, HC Wainwright reiterated a “buy” rating on shares of Ideal Power in a research report on Tuesday, February 28th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $5.38.
Ideal Power Company Profile
Ideal Power Inc (Ideal Power) designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company’s PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. It sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid.
This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/ideal-power-ipwr-receiving-somewhat-favorable-press-coverage-alphaone-reports/1916210.html
Receive News & Ratings for Ideal Power Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ideal Power Inc. and related companies with MarketBeat.com's FREE daily email newsletter.