According to the latest filings, corporate insiders at Ideal Power Inc. (NASDAQ:IPWR) have increased their position in the stock by 39.12% over the past 6 months. Insiders now own 13.20% of total outstanding shares.
Ideal Power Inc. (NASDAQ:IPWR) stands -7.21% away from its 50-day simple moving average and also -34.40% away from the 200-day average. Recently, the equity stands -59.64% away from the 52-week high and 13.00% from the 52-week low. The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 44.93.
Wall Street analysts on the sell-side covering shares of Ideal Power Inc. (NASDAQ:IPWR) have a mean recommendation of 1.80 on the shares. This is based on a numerical chart where each stock recommendation (Buy,Sell,Hold) is translated into a numerical equivalent. A low number indicates a Buy and a higher number a Sell. In terms of where analysts see the stock headed, they have a consensus price target of $4.50 on the shares.