Ideal Power Inc. (IPWR) At $1.39 Forms Bottom; Clearline Capital LP Lifted Resh Hldgs (INCR) Holding By $7.00 Million

April 14, 2018 - By Danny Collins

SYNEOS HEALTH INC COM USD0.01 C (NASDAQ:INCR) Logo

Ideal Power Inc. (IPWR) formed multiple bottom with $1.33 target or 4.00% below today’s $1.39 share price. Ideal Power Inc. (IPWR) has $19.46 million valuation. The stock increased 11.20% or $0.14 during the last trading session, reaching $1.39. About 1.37M shares traded or 251.73% up from the average. Ideal Power Inc. (NASDAQ:IPWR) has declined 66.08% since April 14, 2017 and is downtrending. It has underperformed by 77.63% the S&P500.

Clearline Capital Lp increased Inc Resh Hldgs Inc (INCR) stake by 100.13% reported in 2017Q4 SEC filing. Clearline Capital Lp acquired 162,722 shares as Inc Resh Hldgs Inc (INCR)’s stock 0.00%. The Clearline Capital Lp holds 325,230 shares with $14.18M value, up from 162,508 last quarter. Inc Resh Hldgs Inc now has $ valuation. The stock decreased 1.94% or $0.8 during the last trading session, reaching $40.5. About 1.48 million shares traded or Infinity% up from the average. SYNEOS HEALTH INC COM USD0.01 C (NASDAQ:INCR) has 0.00% since April 14, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Ideal Power Inc. (NASDAQ:IPWR) to report earnings on May, 10. They expect $-0.15 EPS, up 46.43% or $0.13 from last year’s $-0.28 per share. After $-0.13 actual EPS reported by Ideal Power Inc. for the previous quarter, Wall Street now forecasts 15.38% negative EPS growth.

Among 8 analysts covering Ideal Power (NASDAQ:IPWR), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Ideal Power has $17.0 highest and $1.3 lowest target. $6.76’s average target is 386.33% above currents $1.39 stock price. Ideal Power had 18 analyst reports since August 5, 2015 according to SRatingsIntel. B. Riley & Co downgraded the stock to “Neutral” rating in Wednesday, March 7 report. On Friday, August 11 the stock rating was maintained by H.C. Wainwright with “Buy”. The firm has “Hold” rating by Roth Capital given on Friday, July 28. Roth Capital maintained the shares of IPWR in report on Wednesday, March 7 with “Hold” rating. FBR Capital downgraded the stock to “Hold” rating in Wednesday, March 7 report. The company was initiated on Wednesday, October 21 by Oppenheimer. Oppenheimer maintained the shares of IPWR in report on Friday, August 11 with “Buy” rating. The firm earned “Buy” rating on Tuesday, January 26 by Rodman & Renshaw. On Thursday, January 19 the stock rating was downgraded by TH Capital to “Neutral”. The stock of Ideal Power Inc. (NASDAQ:IPWR) has “Buy” rating given on Tuesday, January 26 by H.C. Wainwright.

Investors sentiment decreased to 1 in 2017 Q4. Its down 1.50, from 2.5 in 2017Q3. It worsened, as 5 investors sold Ideal Power Inc. shares while 2 reduced holdings. 3 funds opened positions while 4 raised stakes. 1.66 million shares or 11.52% less from 1.88 million shares in 2017Q3 were reported. Two Sigma Secs Ltd Liability reported 0% stake. Thompson Davis Com, Virginia-based fund reported 42,647 shares. Ogorek Anthony Joseph New York Adv stated it has 500 shares or 0% of all its holdings. Awm Invest holds 0.22% or 811,635 shares. Morgan Stanley holds 0% of its portfolio in Ideal Power Inc. (NASDAQ:IPWR) for 2,000 shares. Moreover, Deutsche Bank Ag has 0% invested in Ideal Power Inc. (NASDAQ:IPWR) for 140 shares. Credit Suisse Ag accumulated 0% or 28,805 shares. Geode Capital Llc accumulated 0% or 59,328 shares. Cetera Advisor Limited Liability Company holds 0% of its portfolio in Ideal Power Inc. (NASDAQ:IPWR) for 14,000 shares. Northern Corporation invested in 0% or 25,720 shares. Virtu Financial Ltd Liability Company holds 17,399 shares. The New York-based Hilton Cap Mngmt Limited Liability Company has invested 0% in Ideal Power Inc. (NASDAQ:IPWR). Royal Bank & Trust Of Canada reported 9 shares. Vanguard Inc has invested 0% of its portfolio in Ideal Power Inc. (NASDAQ:IPWR). California-based Wells Fargo & Mn has invested 0% in Ideal Power Inc. (NASDAQ:IPWR).

Ideal Power Inc. (NASDAQ:IPWR) Ratings Chart