Enphase Energy Inc (NASDAQ:ENPH) currently has a daily average trading volume of 2.99M but it saw 1920600 shares traded in last market. With a market cap of 14.26B USD, the company’s current market price of $105.32 came rising about 1.10 while comparing to the previous closing price of $104.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $141.63 and as low as $73.49. In the recent trading on the day, stock has struck highest price mark of $103.1101 while lowest mark touched by it was $105.84.
Taking a look at 20-day trading activity of Enphase Energy Inc (ENPH) gives us an average price of $111.72, while its current price level is -25.64% below from 52-week high level whereas it is 43.31% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $112.53 while that of 200 days or SMA-200 reads an average of $115.14. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.29% during that period while stretching the period over a month that increases to 4.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.85 which implies that the stock is in neutral territory.
Exane BNP Paribas upgraded its recommendation for the stock as a “Outperform” from “Neutral” on August 07, 2024 while assigning a price target range of $120-$144. Canaccord Genuity issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $150 and $140.
Over the week, ENPH’s stock price is moving -2.72% down while it is 0.68% when we observe its performance for the past one month. Year-to-date it is -20.30% down and over the past year, the stock is showing a downside performance of -12.05%.
Currently, Enphase Energy Inc’s total number of outstanding shares is 135.72M. Company’s return on investment (ROI) stands at 6.17% and return on equity (ROE) at 13.96%. It has a price to earnings ratio (P/E ratio) of 115.10 while having a 22.41 of forward P/E ratio. Stock’s beta reads 1.74. Stock has a price to book (P/B) ratio of 16.12 while price to sale or P/S ratio amounts to 10.04. Its return on asset (ROA) is 3.91% on average.
