Ideal Power Inc (NASDAQ:IPWR)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $2.48 and traded as low as $2.36. Ideal Power shares last traded at $2.36, with a volume of 193 shares changing hands.

The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average of $2.44 and a 200 day moving average of $2.22.

Ideal Power (NASDAQ:IPWR) last posted its quarterly earnings data on Wednesday, November 13th. The industrial products company reported ($0.49) EPS for the quarter.

In related news, CEO Lon E. Bell purchased 201,914 shares of the business’s stock in a transaction on Wednesday, November 13th. The stock was acquired at an average price of $2.48 per share, with a total value of $500,746.72. Following the completion of the acquisition, the chief executive officer now owns 212,881 shares of the company’s stock, valued at approximately $527,944.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.60% of the stock is currently owned by corporate insiders.

Ideal Power Company Profile (NASDAQ:IPWR)

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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