The trading price of Enphase Energy Inc (NASDAQ:ENPH) floating lower at last check on Monday, July 15, closing at $113.16, -5.18% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 58.63. In examining the 52-week price action we see that the stock hit a 52-week high of $192.22 and a 52-week low of $73.49. Over the past month, the stock has lost -15.88% in value.
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Enphase Energy Inc, whose market valuation is $15.40 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest ENPH has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently Hold.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 3.90, which symbolizes a positive outlook. A quick review shows that ENPH’s price is currently 4.74% off the SMA20 and -1.91% off the SMA50. The RSI metric on the 14-day chart is currently showing 52.32, and weekly volatility stands at 5.26%. When measured over the past 30 days, the indicator reaches 4.81%. Enphase Energy Inc (NASDAQ:ENPH)’s beta value is currently sitting at 1.72, while the Average True Range indicator is currently displaying 6.11.
To see how Enphase Energy Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: ENPH stock’s performance was -5.18% at last check in today’s session, and -38.04% in the past year. Enphase Energy Inc has a P/E ratio of 58.63.
An evaluation of the daily trading volume of Enphase Energy Inc (NASDAQ:ENPH) indicates that the 3-month average is 4.09 million.
Currently, records show that 135.72 million of the company’s shares remain outstanding. The insiders hold 3.66% of outstanding shares, whereas institutions hold 79.03%. However, since the stock’s price has seen -14.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.