Enphase Energy Inc (Nasdaq:ENPH) Breaks 52 Week High Record

ENPH
ENPH

Enphase Energy Inc (Nasdaq:ENPH)

June 13th, 2019

With markets going up Enphase Energy Inc closed Thursday up 2.52%, a $0.43 increase to close on $17.51. Furthermore it hit a new 52 week high of $17.68. The stock continues to trade well at 373.24% of its 52 week low of $3.70.

ENPH outperformed the rest of the Industrials sector which went up 0.54% today.

Forecasts from 7 analysts suggest that Enphase Energy Inc might go down somewhat (-8.52%), while Finbox has calculated (with medium uncertainty) a fair value price of $18.76.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending up. Energy saw the biggest increase of the day (1.25%), while the Healthcare sector saw the biggest drop (-0.11%). Information Technology has seen the biggest year-to-date gain of 23.06%.

Utilities saw the biggest turn-around compared to its 5-day performance (-0.31%), as it went up by 0.15%. Healthcare saw a turn-around from its 5-day performance of 2.18% trading down -0.11%.

Sector Breakdown

  • Energy, up 1.25%.
  • Communication Services, up 1.14%.
  • Consumer Discretionary, up 0.90%.
  • Materials, up 0.58%.
  • Industrials, up 0.54%.
  • Financials, up 0.23%.
  • Information Technology, up 0.22%.
  • Utilities, up 0.15%.
  • Consumer Staples, up 0.11%.
  • Real Estate, up 0.09%.
  • Healthcare, down -0.11%.

Enphase Energy Inc Info

Enphase Energy, Inc., together with its subsidiaries, designs, develops, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It sells its solutions primarily to distributors, as well as directly to large installers, original equipment manufacturers, strategic partners, and homeowners. Enphase Energy, Inc. was founded in 2006 and is headquartered in Fremont, California.

All amounts in USD unless otherwise indicated

ENPH daily update
ENPH daily update

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