Enphase Energy, Inc.s in-depth stock price analysis indicates that the stock price has rallied 41.82% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -13.81% . Looking at the past 52 week period, the stock price is down -20% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Enphase Energy, Inc. has a negative value of -56.65 compared to overall market performance. Enphase Energy, Inc. (NASDAQ:ENPH) has climbed 9.09% in the past week and advanced 1.3% in the last 4 weeks. The company has outperformed the S&P 500 by 8.21% in the past week but underperformed the index by 0.51% in the last 4 weeks.
Enphase Energy, Inc. (NASDAQ:ENPH) witnessed a volatile trading activity on Friday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $1.58 and reached the intraday high at $1.63. The bulls started the profit booking and pushed the shares to intraday low of $1.55. The trading session was marked by a volume range of 1,270,843 shares exchanging hands. The 52-week high of the shares is $3.4283 and the 52-week low is $0.95. The market cap of the company stands at $97 million and there are 61,909,348 shares in public circulation.
Enphase Energy Inc Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.28 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $-0.24. The company had revenue of $88.70 million for the quarter, compared to analysts expectations of $89.69 million. The companys revenue was down -13.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.01 EPS.
Company has reported several Insider transactions to the SEC, on Nov 17, 2016, Paul B Nahi (President and CEO) sold 4,410 shares at 1.05 per share price.On Sep 23, 2016, Benjamin John Kortlang (director) purchased 600,000 shares at 1.20 per share price.On Aug 16, 2016, Humberto Garcia (VP and CFO) sold 1,618 shares at 1.78 per share price.
Enphase Energy, Inc. delivers microinverter technology for the solar industry, which increases productivity and reliability of solar modules. The Company builds a semiconductor-based microinverter system that converts direct current electricity to alternating current electricity at the individual solar module level. Enphase sells its microinverter systems primarily to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers. Enphase Energy, Inc. is headquartered in Petaluma, California.