Enphase Energy Inc (NASDAQ: ENPH) on Monday, soared 4.84% from the previous trading day, before settling in for the closing price of $59.52. Within the past 52 weeks, ENPH’s price has moved between $59.12 and $141.63.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 53.38%. The company achieved an average annual earnings per share of -50.29%. With a float of $129.69 million, this company’s outstanding shares have now reached $135.72 million.
The extent of productivity of a business whose workforce counts for 3157 workers is very important to gauge. In terms of profitability, gross margin is 45.64%, operating margin of 1.23%, and the pretax margin is 5.01%.
Enphase Energy Inc (ENPH) Insider Updates
Observing investor behavior towards Solar industry stocks is more important than anything else. The insider ownership of Enphase Energy Inc is 4.01%, while institutional ownership is 87.38%. The most recent insider transaction that took place on Nov 14 ’24, was worth 301,902. In this transaction President & CEO of this company bought 5,000 shares at a rate of $60.38, taking the stock ownership to the 1,589,696 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Officer proposed sale 5,000 for $109.85, making the entire transaction worth $549,232.
Enphase Energy Inc (ENPH) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -50.29% 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 3.88 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 6.31. Likewise, its price to free cash flow for the trailing twelve months is 23.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.44, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 3.77 in one year’s time.
Technical Analysis of Enphase Energy Inc (ENPH)
The latest stats from [Enphase Energy Inc, ENPH] show that its last 5-days average volume of 7.99 million was superior to 4.06 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.21%. Additionally, its Average True Range was 5.21.
During the past 100 days, Enphase Energy Inc’s (ENPH) raw stochastic average was set at 5.67%, which indicates a significant decrease from 12.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.44% in the past 14 days, which was higher than the 68.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $94.46, while its 200-day Moving Average is $110.38. Now, the first resistance to watch is $63.98. This is followed by the second major resistance level at $65.55. The third major resistance level sits at $68.38. If the price goes on to break the first support level at $59.58, it is likely to go to the next support level at $56.75. Assuming the price breaks the second support level, the third support level stands at $55.18.
Enphase Energy Inc (NASDAQ: ENPH) Key Stats
Market capitalization of the company is 7.89 billion based on 135,107K outstanding shares. Right now, sales total 2,291 M and income totals 438,940 K. The company made 380,870 K in profit during its latest quarter, and 45,760 K in sales during its previous quarter.
