EnerNOC Inc. (ENOC) Trading 6.4% Higher
Shares of EnerNOC Inc. (NASDAQ:ENOC) traded up 6.4% during trading on Monday . The stock traded as high as $5.97 and last traded at $5.95, with a volume of 130,180 shares. The stock had previously closed at $5.59.
Several analysts have commented on the stock. Credit Suisse Group AG cut shares of EnerNOC from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $10.00 to $8.00 in a research note on Tuesday, August 2nd. Canaccord Genuity restated a “hold” rating on shares of EnerNOC in a research report on Monday, May 2nd. Needham & Company LLC restated a “buy” rating and set a $12.00 target price (up from $10.00) on shares of EnerNOC in a research report on Sunday, May 8th. Zacks Investment Research upgraded shares of EnerNOC from a “hold” rating to a “buy” rating and set a $8.00 target price on the stock in a research report on Tuesday, May 10th. Finally, Robert W. Baird restated a “buy” rating on shares of EnerNOC in a research report on Friday, May 6th. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $11.57.
The stock’s market cap is $175.34 million. The firm has a 50 day moving average price of $6.63 and a 200-day moving average price of $6.62.
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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