(VIANEWS) – Shares of Enphase Energy (NASDAQ: ENPH) slid 9.04% to $182.92 at 11:57 EST on Friday, after two sequential sessions in a row of losses. NASDAQ is falling 0.81% to $11,622.67, after four consecutive sessions in a row of gains. This seems, at the moment, a somewhat negative trend exchanging session today.
Enphase Energy’s last close was $201.10, 40.84% under its 52-week high of $339.92.
About Enphase Energy
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which 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 also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
Earnings Per Share
As for profitability, Enphase Energy has a trailing twelve months EPS of $0.67.
PE Ratio
Enphase Energy has a trailing twelve months price to earnings ratio of 271.8. Meaning, the purchaser of the share is investing $271.8 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 63.29%.
Volume
Today’s last reported volume for Enphase Energy is 2975272 which is 27.63% below its average volume of 4111330.
Yearly Top and Bottom Value
Enphase Energy’s stock is valued at $182.92 at 11:57 EST, way below its 52-week high of $339.92 and way higher than its 52-week low of $128.67.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Enphase Energy’s stock is considered to be overbought (>=80).
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