ValuEngine downgraded shares of EnSync Inc (NYSEMKT:ESNC) from a sell rating to a strong sell rating in a research report sent to investors on Friday.

EnSync (NYSEMKT ESNC) traded up 1.282% during mid-day trading on Friday, reaching $0.395. The company had a trading volume of 188,897 shares. The stock has a 50 day moving average price of $0.39 and a 200 day moving average price of $0.52. The company’s market capitalization is $18.96 million. EnSync has a one year low of $0.31 and a one year high of $1.42.

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EnSync Company Profile

EnSync, Inc is engaged in developing, licensing and manufacturing energy management systems solutions serving the commercial and industrial (C&I) building, utility, and off-grid markets. The Company develops and commercializes product and service solutions for the distributed energy generation market, including energy management systems, energy storage systems, applications, and Internet of energy platforms that link distributed energy resources with the grid network.

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