For the readers interested in the stock health of Enphase Energy Inc. (ENPH). It is currently valued at $172.52. When the transactions were called off in the previous session, Stock hit the highs of $172.10, after setting-off with the price of $162.12. Company’s stock value dipped to $162.12 during the trading on the day. When the trading was stopped its value was $169.84.Recently in News on October 12, 2021, Enphase Energy Announces Conference Call to Review Third Quarter 2021 Financial Results Tuesday, October 26, 2021 at 4:30 p.m. Eastern Time. Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, announced today that the Company will host a conference call and webcast on Tuesday, October. 26, 2021 at 4:30 p.m. Eastern Time to discuss its third quarter 2021 financial results for the period ended September 30, 2021. The live webcast can be accessed on the Enphase Energy Investor Relations website at investor.enphase.com, and a recorded version of the call will also be available there approximately one hour after the call. You can read further details here
Enphase Energy Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $229.04 on 02/10/21, with the lowest value was $108.88 for the same time period, recorded on 05/11/21.
Enphase Energy Inc. (ENPH) full year performance was 62.64%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Enphase Energy Inc. shares are logging -24.68% during the 52-week period from high price, and 87.24% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $92.14 and $229.04.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 856240 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Enphase Energy Inc. (ENPH) recorded performance in the market was -3.21%, having the revenues showcasing -0.56% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 23.29B, as it employees total of 850 workers.
The Analysts eye on Enphase Energy Inc. (ENPH)
During the last month, 16 analysts gave the Enphase Energy Inc. a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 165.33, with a change in the price was noted +29.18. In a similar fashion, Enphase Energy Inc. posted a movement of +20.51% for the period of last 100 days, recording 2,074,213 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ENPH is recording 1.74 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.59.
Technical rundown of Enphase Energy Inc. (ENPH)
Raw Stochastic average of Enphase Energy Inc. in the period of last 50 days is set at 52.89%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.42%. In the last 20 days, the company’s Stochastic %K was 86.49% and its Stochastic %D was recorded 76.80%.
Considering, the past performance of Enphase Energy Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -3.21%. Additionally, trading for the stock in the period of the last six months notably improved by 11.80%, alongside a boost of 62.64% for the period of the last 12 months. The shares increased approximately by 15.22% in the 7-day charts and went up by 6.09% in the period of the last 30 days. Common stock shares were lifted by -0.56% during last recorded quarter.