Enphase Energy Inc (ENPH) average volume reaches $3.81M: Are the Stars Lining Up for Investors?

Enphase Energy Inc (NASDAQ: ENPH) started the day on Thursday, with a price increase of 3.95% at $130.66, before settling in for the price of $125.69 at the close. Taking a more long-term approach, ENPH posted a 52-week range of $73.49-$192.22.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Technology sector firm’s annual sales growth was 53.38%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -35.45%. This publicly-traded company’s shares outstanding now amounts to $135.72 million, simultaneously with a float of $130.75 million. The organization now has a market capitalization sitting at $17.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $114.89, while the 200-day Moving Average is $114.25.

Enphase Energy Inc (ENPH) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Solar Industry. Enphase Energy Inc’s current insider ownership accounts for 3.91%, in contrast to 78.92% institutional ownership. According to the most recent insider trade that took place on May 15 ’24, this organization’s EVP & Chief Commercial Officer sold 5,000 shares at the rate of 118.82, making the entire transaction reach 594,120 in total value, affecting insider ownership by 112,943. Preceding that transaction, on May 02 ’24, Company’s EVP, Chief Financial Officer bought 4,000 for 104.24, making the whole transaction’s value amount to 416,972. This particular insider is now the holder of 62,973 in total.

Enphase Energy Inc (ENPH) Earnings and Revenue Records

Enphase Energy Inc’s EPS decrease for this current 12-month fiscal period is -35.45% and is forecasted to reach 5.07 in the upcoming year.

Enphase Energy Inc (NASDAQ: ENPH) Trading Performance Indicators

Let’s observe the current performance indicators for Enphase Energy Inc (ENPH). It’s Quick Ratio in the last reported quarter now stands at 3.78. The Stock has managed to achieve an average true range (ATR) of 6.48. Alongside those numbers, its PE Ratio stands at $67.70, and its Beta score is 1.77. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.72. Similarly, its price to free cash flow for trailing twelve months is now 43.96.

In the same vein, ENPH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.93, a figure that is expected to reach 0.50 in the next quarter, and analysts are predicting that it will be 5.07 at the market close of one year from today.

Technical Analysis of Enphase Energy Inc (ENPH)

If we take a close look at the recent performances of Enphase Energy Inc (NASDAQ: ENPH), its last 5-days Average volume was 4.64 million that shows progress from its year to date volume of 4.15 million. During the previous 9 days, stock’s Stochastic %D was recorded 84.35% While, its Average True Range was 6.56.

Raw Stochastic average of Enphase Energy Inc (ENPH) in the period of the previous 100 days is set at 83.11%, which indicates a major fall in contrast to 89.65% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 57.93% that was lower than 59.98% volatility it exhibited in the past 100-days period.