A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Enphase Energy Inc’s current trading price is -56.92% away from its 52-week high, while its distance from the 52-week low is 4.59%. The stock’s price range for this time frame has been between $58.33 and $141.63. The trading volume of the company’s shares in the Technology reached around 1.9 million for the day, which was evidently lower than the average daily volume of 4.02 million over the last three months.
Enphase Energy Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $141.63 on 06/12/24, and the lowest price during that time was $58.33, recorded on 11/18/24.
How Financial Performance Impacts Market Capitalization
Enphase Energy Inc (ENPH) has experienced a quarterly decline of -8.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.08B and boasts a workforce of 2781 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 78.25, with a change in price of -58.62. Similarly, Enphase Energy Inc recorded 4,200,568 in trading volume during the last 100 days, posting a change of -48.96%.
How ENPH’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ENPH stands at 1.60. Similarly, the long-term debt-to-equity ratio is also 1.47.
ENPH Stock Stochastic Average
Enphase Energy Inc’s raw stochastic average for the past 50 days is currently at 11.70%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 21.52%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 32.23% and 39.67%, respectively.
ENPH Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a loss of -11.17%.However, over the last six months, we can see a stronger performance of -44.08%. Over the last 30 days, the price of ENPH has leaped by -8.76%. And in the last five days, it has fallen by -6.52%.
