Ideal Power Inc (IPWR)

[kiy]

Wake Up Call on IPWR...where are the players...???????????

http://www.iramarketreport.com/ideal-power-inc-ipwr-coverage-initiated-by-analysts-at-hc-wainwright/16008/
HC Wainwright began coverage on shares of Ideal Power Inc (NASDAQ:IPWR) in a research report sent to investors on Tuesday, Market Beat.com reports. The brokerage issued a buy rating and a $12.00 target price on the stock.

Several other research firms have also recently weighed in on IPWR. Roth Capital reissued a buy rating and set a $17.00 price objective on shares of Ideal Power in a research report on Tuesday, October 20th. Rodman & Renshaw initiated coverage on Ideal Power in a research note on Tuesday. They set a buy rating and a $12.00 price target on the stock. Finally, Oppenheimer restated an outperform rating and set a $17.00 price target on shares of Ideal Power in a research note on Wednesday, November 11th. Five equities research analysts have rated the stock with a buy rating, Ideal Power currently has a consensus rating of Buy and a consensus target price of $15.20.

Shares of Ideal Power (NASDAQ:IPWR) opened at 5.51 on Tuesday. The company’s market cap is $51.79 million. Ideal Power has a 52 week low of $5.00 and a 52 week high of $11.53. The firm’s 50-day moving average price is $7.25 and its 200 day moving average price is $7.59.

Ideal Power (NASDAQ:IPWR) last posted its quarterly earnings data on Tuesday, November 10th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.30) by $0.01. The company earned $895 million during the quarter, compared to analyst estimates of $1.07 million. On average, equities analysts predict that Ideal Power will post ($1.24) EPS for the current fiscal year.

In other news, Director Mark L. Baum sold 29,063 shares of the company’s stock in a transaction that occurred on Friday, November 13th. The stock was sold at an average price of $7.54, for a total value of $219,135.02. Following the sale, the director now directly owns 25,898 shares in the company, valued at approximately $195,270.92. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Bill Alexander sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 23rd. The shares were sold at an average price of $7.49, for a total value of $37,450.00. Following the completion of the sale, the chief technology officer now owns 447,996 shares in the company, valued at $3,355,490.04. The disclosure for this sale can be found here.

Ideal Power Inc. (NASDAQ:IPWR) provides solutions for markets, such as battery energy storage systems, integrated renewable energy and storage, and microgrid applications. Ideal Power has developed an electronic power conversion technology called Power Packet Switching Architecture (PPSA). Ideal Power’s PPSA is a transformerless power conversion system that provides the necessary electrical isolation required to connect electrical devices together on the grid. As of December 31, 2014, the Company was selling six power conversion products utilizing its PPSA technology: a 30kW photovoltaic (PV) inverter, a 30kW battery converter, a 30kW grid-resilient alternating current (AC)-direct current (DC)-DC multi-port power conversion system, a 125kW grid-resilient AC-DC power conversion system, a 125kW grid-resilient AC-DC-DC multi-port power conversion system and a 30kW grid-resilient AC-DC power conversion system.
Daily...I'd like to see what momentum looks like above $6...stop is $5.20...so not a lot of risk here...