HC Wainwright set a $2.00 price target on EnSync (NYSEAMERICAN:ESNC) in a research note published on Tuesday morning. The firm currently has a buy rating on the technology company’s stock.

Separately, Zacks Investment Research upgraded EnSync from a hold rating to a buy rating and set a $0.25 target price for the company in a report on Friday, September 28th.

Shares of NYSEAMERICAN:ESNC opened at $0.20 on Tuesday. EnSync has a one year low of $0.18 and a one year high of $0.56.

EnSync (NYSEAMERICAN:ESNC) last announced its quarterly earnings data on Monday, November 12th. The technology company reported ($0.05) EPS for the quarter, meeting analysts’ consensus estimates of ($0.05). The company had revenue of $2.74 million for the quarter, compared to analyst estimates of $3.40 million.

In other EnSync news, Director Theodore Stern bought 192,308 shares of EnSync stock in a transaction dated Wednesday, September 5th. The stock was bought at an average price of $0.26 per share, for a total transaction of $50,000.08. Following the completion of the acquisition, the director now directly owns 784,579 shares of the company’s stock, valued at $203,990.54. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

An institutional investor recently raised its position in EnSync stock. ICM Asset Management Inc. WA lifted its stake in EnSync Inc (NYSEAMERICAN:ESNC) by 57.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,330,720 shares of the technology company’s stock after acquiring an additional 487,347 shares during the quarter. ICM Asset Management Inc. WA owned approximately 1.96% of EnSync worth $339,000 as of its most recent filing with the Securities and Exchange Commission.

EnSync Company Profile

EnSync, Inc, together with its subsidiaries, develops, licenses, and manufactures energy management systems solutions for the residential and commercial energy systems, and independent utility energy systems markets in the United States and internationally. The company's products include Matrix energy management, an energy control system for the commercial and residential energy systems markets; Home Energy System for property developers and residential customers; and DER SuperModule system, a self-contained DER system that integrates with renewable generation, customer load, and grid interconnection for deploying the least expensive, highest value, and most reliable electricity.

Featured Story: Compound Interest

Receive News & Ratings for EnSync Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnSync and related companies with MarketBeat.com's FREE daily email newsletter.