Why Enphase Energy, Inc. (NASDAQ:ENPH) Stock Moving Up 3.68% in Monday’s Pre-market?
Enphase Energy, Inc. (NASDAQ:ENPH) announced the first shipment of seventh-generation Enphase IQ microinverters produced in Mexico as part of its expanded manufacturing agreement with Flex. As previously announced, Enphase plans to sell products produced in Mexico into the U.S. market to mitigate tariffs, increase global capacity and improve customer delivery times. The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the ENPH is 2.10%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the ENPH is 53.60%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that ENPH. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Enphase Energy, Inc. (NASDAQ:ENPH) is -7.83%.
Institutional ownership is the amount of a Enphase Energy, Inc. (NASDAQ:ENPH)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the ENPH is 14.81%.
U.S traded Enphase Energy, Inc. (NASDAQ:ENPH) stock edged up 1.73% on Friday and when day-trade ended the stock finally concluded at $18.23 and number of shares that changed hands during the day are 6.9 Million. The number of shares ENPH stock currently held by all its shareholders are 108.35 and floated shares, the number of shares are available for trading in an open market on last trading day are 84.81. The average volume of shares for 3 months is 2941.99 and ENPH stock value has moved between $3.7 – 19.19 in last one year.
The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Enphase Energy, Inc. (NASDAQ:ENPH) is 31.60% and the profit margin is -1.10% and the stock has gained 285.41% in 2019 to date.
U.S. traded shares of Enphase Energy, Inc. (NASDAQ:ENPH)’s monthly stock performance is 15.60%, the quarterly performance is 97.51%, the half year performance is calculated as 272.04%. The yearly performance of ENPH is 167.69%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Enphase Energy, Inc. (NASDAQ:ENPH) weekly volatility is measured as 5.47% and monthly volatility measured as 4.83%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. ENPH return on assets is -1.20%, the return on equity (ROE) of the Enphase Energy, Inc. (NASDAQ:ENPH) is 368.00%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and ENPH return on investment is 0.20%.
The price to sales ratio is 5.70, and price to book ratio is 140.23, price to cash per share ration is 25.29, price to free cash flow is 75.97.
Analysts mean target price for Enphase Energy, Inc. (NASDAQ:ENPH) is $16.94 while analysts mean recommendation is 2.30. The current share price indicates that stock is -4.70% away from its one year high and is moving 392.70% ahead of its 52-week low. ENPH’s distance from 20 day simple moving average is 7.33% and distance from 50-Day simple moving average is 24.59%.