Enphase Energy (ENPH) : During the past 4 weeks, traders have been relatively bearish on Enphase Energy (ENPH), hence the stock is down -24.63% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -20.42% relative to the S&P 500. The 4-week change in the price of the stock is -26.15% and the stock has fallen -20% in the past 1 week.
The stock has recorded a 20-day Moving Average of 21.12% and the 50-Day Moving Average is 22.02%.The 200 Day SMA reached 36.05% Enphase Energy, Inc. has dropped 32.08% during the last 3-month period . Year-to-Date the stock performance stands at -58.97%.
Enphase Energy (ENPH) : 5 Wall Street analysts covering Enphase Energy (ENPH) believe that the average level the stock could reach for the short term is $2.51. The maximum price target given is $5 and the minimum target for short term is around $2, hence the standard deviation is calculated at $1.26.
Company shares have received an average consensus rating of Hold for the current week Enphase Energy (NASDAQ:ENPH): stock was range-bound between the intraday low of $1.28 and the intraday high of $1.66 after having opened at $1.66 on Fridays session. The stock finally closed in the red at $1.66, a loss of -13.77%. The stock remained in the red for the whole trading day. The total traded volume was 1,083,120 shares. The stock failed to cross $1.66 in Fridays trading. The stocks closing price on Thursday was $1.44.
Enphase Energy, Inc. (Enphase) is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic (PV) industry. The Companys semiconductor-based microinverter system converts direct current (DC) electricity to alternating current (AC) electricity at the individual solar module level. The Companys microinverter system consists of three components, such as Enphase microinverter, which delivers power conversion at the individual solar module level; Envoy communications gateway, which is installed in the system owners home or business and serves as a networking hub that collects data from the microinverter array, and Enlighten Web-based software, which collects and analyzes the collected data from the microinverter array. The Company offers microinverter systems to the residential and commercial markets in the United States, Canada, the United Kingdom, France, the Benelux region, certain other European markets, Australia and New Zealand.