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ValuEngine downgraded Enphase Energy Inc (NASDAQ:ENPH) to Strong Sell in a report released today.

ValuEngine has downgraded Enphase Energy Inc (NASDAQ:ENPH) to Strong Sell in a report released on 06/02/2017.

Yesterday Enphase Energy Inc (NASDAQ:ENPH) traded 6.20% higher at $0.82. The company’s 50-day moving average is $1.38 and its 200-day moving average is $1.05. The last closing price is down 30.59% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 311,761 shares of the stock traded hands, down from an average trading volume of 742,218

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Enphase Energy Inc (NASDAQ:ENPH)

Enphase Energy Inc has a 52 week low of $0.65 and a 52 week high of $2.03 The company’s market cap is currently $0.

General Information About 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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