Enphase Energy Inc. (ENPH) Jumps 18.14% on January 21

Equities Staff |

Enphase Energy Inc. (ENPH) was among the biggest gainers on the Russell 2000 for Thursday January 21 as the stock popped 18.14% to $2.41, representing a gain of $0.37 per share. Some 836,359 shares traded hands on 3,873 trades, compared with an average daily volume of 1.16 million shares out of a total float of 45.33 million. The stock opened at $2.10 and traded with an intraday range of $2.55 to $2.04.

After today's gains, Enphase Energy Inc. reached a market cap of $109.25 million. Enphase Energy Inc. has had a trading range between $15.25 and $1.63 over the last year, and it had a 50-day SMA of $2.48 and a 200-day SMA of $6.09.

Enphase Energy Inc delivers microinverter technology for solar industry that increases energy production, simplifies design and installation, improves system, reduces fire safety risk & provides a platform for intelligent energy management.

Enphase Energy Inc. is based out of Petaluma, CA and has some 539 employees. Its CEO is Paul B. Nahi.

For a complete fundamental analysis analysis of Enphase Energy Inc., check out Equities.com’s Stock Valuation Analysis report for ENPH. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Cavitation Techs Inc

Cavitation Technologies Inc engineers and designs Nano technology based systems that have potential applications in industrial liquid processing.

Private Markets

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.

Mesa-Marshall 2 Well Project

MESA Resources ("MESA") is sponsoring the development of the two well direct drilling project -- "Mesa-Marshall #1-2". MESA, founded in 1992, is engaged in the acquisition, exploration and development of…