Enphase Energy Inc (NASDAQ: ENPH) on Monday, soared 3.78% from the previous trading day, before settling in for the closing price of $106.48. Within the past 52 weeks, ENPH’s price has moved between $73.49 and $228.36.
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Technology Sector giant saw their annual sales surged by 53.38% over the last five years. The company achieved an average annual earnings per share of -26.39%. With a float of $130.35 million, this company’s outstanding shares have now reached $135.72 million.
The firm has a total of 3157 workers. Let’s measure their productivity.
Enphase Energy Inc (ENPH) Insider Activity
Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of Enphase Energy Inc is 3.98%, while institutional ownership is 75.55%. The most recent insider transaction that took place on Apr 15 ’24, was worth 581,474. In this transaction EVP & Chief Commercial Officer of this company sold 5,000 shares at a rate of $116.29, taking the stock ownership to the 119,948 shares. Before that another transaction happened on Mar 15 ’24, when Company’s EVP & Chief Commercial Officer sold 5,000 for $108.89, making the entire transaction worth $544,425. This insider now owns 124,948 shares in total.
Enphase Energy Inc (ENPH) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -26.39% per share during the next fiscal year.
Enphase Energy Inc (NASDAQ: ENPH) Trading Performance Indicators
Enphase Energy Inc (ENPH) is currently performing well based on its current performance indicators. A quick ratio of 4.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.55. Likewise, its price to free cash flow for the trailing twelve months is 25.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.07, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 5.33 in one year’s time.
Technical Analysis of Enphase Energy Inc (ENPH)
Analysing the last 5-days average volume posted by the [Enphase Energy Inc, ENPH], we can find that recorded value of 3.35 million was lower than the volume posted last year of 4.06 million. As of the previous 9 days, the stock’s Stochastic %D was 13.78%. Additionally, its Average True Range was 6.15.
During the past 100 days, Enphase Energy Inc’s (ENPH) raw stochastic average was set at 36.83%, which indicates a significant increase from 22.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.58% in the past 14 days, which was lower than the 62.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $119.45, while its 200-day Moving Average is $120.59. Now, the first resistance to watch is $112.40. This is followed by the second major resistance level at $114.29. The third major resistance level sits at $117.69. If the price goes on to break the first support level at $107.12, it is likely to go to the next support level at $103.72. Should the price break the second support level, the third support level stands at $101.83.
Enphase Energy Inc (NASDAQ: ENPH) Key Stats
Market capitalization of the company is 15.00 billion based on 135,989K outstanding shares. Right now, sales total 2,291 M and income totals 438,940 K. The company made 302,570 K in profit during its latest quarter, and 20,920 K in sales during its previous quarter.
