Enphase Energy Inc (NASDAQ: ENPH) Is Either An Instant Disaster Or A Huge Opportunity.

IPW

In the last trading session, 2.73 million Enphase Energy Inc (NASDAQ:ENPH) shares changed hands as the company’s beta touched 1.47. With the company’s per share price at $112.47 changed hands at -$4.55 or -3.89% during last session, the market valuation stood at $15.27B. ENPH’s last price was a discount, traded about -105.76% off its 52-week high of $231.42. The share price had its 52-week low at $73.49, which suggests the last value was 34.66% up since then. When we look at Enphase Energy Inc’s average trading volume, we note the 3-month average coming to 4.16 million.

Enphase Energy Inc (NASDAQ:ENPH) trade information

Instantly ENPH was in red as seen at the end of in last trading. With action -2.40%, the performance over the past five days has been red. The drop to weekly highs of 124.80 subtracted -3.89% to the stock’s daily price. The company’s shares are showing year-to-date downside of -14.89%, with the 5-day performance at -2.40% in the red. However, in the 30-day time frame, Enphase Energy Inc (NASDAQ:ENPH) is 1.87% up.

Enphase Energy Inc (ENPH) estimates and forecasts

Data shows that the Enphase Energy Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -9.72% over the past 6 months, a -23.81% in annual growth rate that is considerably lower than the industry average of 3.10%.

The 2024 estimates are for Enphase Energy Inc earnings to decrease by -24.88%, but the outlook for the next 5-year period is at 14.80% per year.

ENPH Dividends

Enphase Energy Inc is expected to release its next quarterly earnings report on April 23.