Enphase Energy Inc (NASDAQ:ENPH) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: November 29, 2016
Zacks Investment Research has downgraded Enphase Energy Inc (NASDAQ:ENPH) to Hold in a report released on 11/29/2016.
On 11/28/2016, Zacks Investment Research released a statement for Enphase Energy Inc (NASDAQ:ENPH) upped the target price from $0.00 to $1.25. At the time, this indicated a possible upside of 0.11%.
Yesterday Enphase Energy Inc (NASDAQ:ENPH) traded -0.88% lower at $1.12. The company’s 50-day moving average is $1.12 and its two hundred day average is $1.64. With the last stock price close down -31.16% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Volume of trade was down over the average, with 131,843 shares of ENPH changing hands under the typical 739,722
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Enphase Energy Inc has a with a one year low of $0.98 and a one year high of $4.50 Enphase Energy Inc’s market capitalization is presently $0.
General Company Details For Enphase Energy Inc (NASDAQ:ENPH)
Enphase Energy, Inc. is a provider of energy management solutions. The Company is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic industry. Its semiconductor-based microinverter system converts direct current (DC) electricity to alternating current (AC) electricity. Its microinverter system consists of three components: Enphase microinverters, an Envoy gateway and Enlighten cloud-based software. Its Enphase microinverters provide power conversion at the individual solar module level by a digital architecture that incorporates custom application specific integrated circuits (ASIC), specialized power electronics devices, and an embedded software subsystem. Envoy bi-directional communications gateway provides collecting and sending data to Enlighten software. Enlighten cloud-based software provides the capabilities to remotely monitor, manage, and maintain an individual system or a fleet of systems.
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