Shares of Ideal Power Inc (NASDAQ:IPWR) passed 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 trading hands.

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

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

In related news, CEO Lon E. Bell acquired 201,914 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were acquired at an average cost of $2.48 per share, for a total transaction of $500,746.72. Following the completion of the transaction, the chief executive officer now directly owns 212,881 shares in the company, valued at approximately $527,944.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.60% of the company’s stock.

About Ideal Power (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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