EnerNOC Inc. (ENOC) Sees Large Volume Increase
Shares of EnerNOC Inc. (NASDAQ:ENOC) saw unusually-high trading volume on Tuesday . Approximately 375,568 shares traded hands during trading, an increase of 33% from the previous session’s volume of 282,212 shares.The stock last traded at $6.17 and had previously closed at $5.92.
ENOC has been the subject of a number of recent analyst reports. Robert W. Baird restated a “buy” rating on shares of EnerNOC in a report on Friday, May 6th. Zacks Investment Research cut shares of EnerNOC from a “hold” rating to a “sell” rating in a report on Wednesday, April 27th. Canaccord Genuity restated a “hold” rating and set a $8.50 price target on shares of EnerNOC in a report on Friday, June 24th. Needham & Company LLC restated a “buy” rating and set a $10.00 price target (down from $12.00) on shares of EnerNOC in a report on Wednesday, August 3rd. Finally, Credit Suisse Group AG cut shares of EnerNOC from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $10.00 to $8.00 in a report on Tuesday, August 2nd. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. EnerNOC has an average rating of “Buy” and a consensus target price of $11.57.
The company’s 50-day moving average price is $6.63 and its 200 day moving average price is $6.62. The company’s market capitalization is $178.47 million.
EnerNOC, Inc is a provider of energy intelligence software (EIS) and demand response solutions. The Company’s EIS provides enterprise solutions, utility solutions and energy procurement solutions. The Company’s EIS offers enterprise customers with a Software-as-a-Service (SaaS) solutions with various areas of functionalities, including energy cost visualization, budgets, forecasts and accruals; project tracking, and demand management.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.