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home / news releases / IPGP - IPG Photonics Corporation: Down Is More Likely Than Up

IPGP - IPG Photonics Corporation: Down Is More Likely Than Up

IPG Photonics Corporation
  • IPGP released its final numbers for FY2021, which came in mixed as there were both positives and negatives to be found.
  • The stock is close to 50% off its high, which raises the question if now is the time to get in with multiples where they are.
  • While the trend can change, the charts suggest the stock is more likely to be heading down than up in the near term.
  • Long IPGP is not without merits, but now does not appear to be the best of times with the way the cards are laid out.

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IPG Photonics Corporation: Down Is More Likely Than Up
Stock Information
Company Name: IPG Photonics Corporation
Stock Symbol: IPGP
Market: NASDAQ
Website: ipgphotonics.com
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