EnerNOC Inc. (ENOC) Trading Down 1.7%
EnerNOC Inc. (NASDAQ:ENOC) fell 1.7% during mid-day trading on Thursday . The stock traded as low as $5.65 and last traded at $5.78, with a volume of 203,389 shares. The stock had previously closed at $5.88.
Several research firms have recently issued reports on ENOC. Needham & Company LLC restated a “buy” rating on shares of EnerNOC in a report on Sunday, June 26th. Credit Suisse Group AG cut EnerNOC from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $10.00 to $8.00 in a report on Tuesday, August 2nd. Canaccord Genuity restated a “hold” rating on shares of EnerNOC in a report on Monday, May 2nd. Zacks Investment Research upgraded EnerNOC from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a report on Tuesday, May 10th. Finally, Robert W. Baird restated a “buy” rating on shares of EnerNOC in a report on Friday, May 6th. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $11.57.
The firm’s 50-day moving average price is $6.57 and its 200 day moving average price is $6.60. The stock’s market cap is $167.23 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.
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