Enphase Energy Stock 13.2% Up On Wednesday

(VIANEWS) – The NASDAQ ended the session with Enphase Energy (ENPH) rising 13.2% to $88.92 on Wednesday while NASDAQ rose 2.37% to $14,094.38.

Enphase Energy’s last close was $78.55, 76.89% 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 provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions; and design, proposal, permitting, and lead generation services. 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 $3.99.

PE Ratio

Enphase Energy has a trailing twelve months price to earnings ratio of 22.29. Meaning, the purchaser of the share is investing $22.29 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 70.38%.

Volatility

Enphase Energy’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.36%, a negative 2.47%, and a positive 2.61%.

Enphase Energy’s highest amplitude of average volatility was 2.49% (last week), 4.14% (last month), and 2.61% (last quarter).

More news about Enphase Energy (ENPH).

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