On Monday, Enphase Energy Inc (NASDAQ: ENPH) opened higher 6.75% from the last session, before settling in for the closing price of $71.56. Price fluctuations for ENPH have ranged from $58.33 to $141.63 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted -50.08% at the time writing. With a float of $129.68 million, this company’s outstanding shares have now reached $135.08 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
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Enphase Energy Inc is 4.01%, while institutional ownership is 87.48%. The most recent insider transaction that took place on Nov 19 ’24, was worth 156,670. In this transaction President & CEO of this company bought 2,564 shares at a rate of $61.10, taking the stock ownership to the 1,592,260 shares. Before that another transaction happened on Nov 20 ’24, when Company’s President & CEO bought 2,436 for $62.42, making the entire transaction worth $152,058. This insider now owns 1,594,696 shares in total.
Enphase Energy Inc (ENPH) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -50.08% per share during the next fiscal year.
Enphase Energy Inc (NASDAQ: ENPH) Trading Performance Indicators
Check out the current performance indicators for Enphase Energy Inc (ENPH). In the past quarter, the stock posted a quick ratio of 3.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.40. Likewise, its price to free cash flow for the trailing twelve months is 31.23.
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 3.80 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 2.98 million was inferior to 4.06 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 63.48%. Additionally, its Average True Range was 4.22.
During the past 100 days, Enphase Energy Inc’s (ENPH) raw stochastic average was set at 25.17%, which indicates a significant decrease from 89.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.23% in the past 14 days, which was lower than the 68.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.30, while its 200-day Moving Average is $106.76. Now, the first resistance to watch is $79.02. This is followed by the second major resistance level at $81.64. The third major resistance level sits at $85.03. If the price goes on to break the first support level at $73.01, it is likely to go to the next support level at $69.62. Assuming the price breaks the second support level, the third support level stands at $67.00.
Enphase Energy Inc (NASDAQ: ENPH) Key Stats
There are currently 135,107K shares outstanding in the company with a market cap of 10.50 billion. Presently, the company’s annual sales total 2,291 M according to its annual income of 438,940 K. Last quarter, the company’s sales amounted to 380,870 K and its income totaled 45,760 K.
