The stock of EnerNOC, Inc. (NASDAQ:ENOC) is a huge mover today! The stock increased 19.59% or $0.95 on November 3, hitting $5.8. About 297,229 shares traded hands or 100.66% up from the average. EnerNOC, Inc. (NASDAQ:ENOC) has declined 37.18% since April 1, 2016 and is downtrending. It has underperformed by 38.39% the S&P500.
The move comes after 7 months positive chart setup for the $169.04M company. It was reported on Nov, 3 by Barchart.com. We have $15.31 PT which if reached, will make NASDAQ:ENOC worth $277.23M more.
EnerNOC, Inc. (NASDAQ:ENOC) Ratings Coverage
Out of 4 analysts covering EnerNOC (NASDAQ:ENOC), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. EnerNOC has been the topic of 8 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock has “Equal Weight” rating given by Morgan Stanley on Friday, July 31. The stock has “Buy” rating given by Needham on Friday, November 6. The firm earned “Buy” rating on Monday, August 10 by Zacks. As per Friday, November 6, the company rating was downgraded by Pacific Crest. The rating was maintained by Robert W. Baird on Monday, August 24 with “Outperform”.
According to Zacks Investment Research, “ENERNOC, INC. is a leading developer and provider of clean and intelligent energy solutions to commercial, institutional, and industrial customers, as well as electric power grid operators and utilities. EnerNOC’s technology-enabled demand response and energy management solutions help optimize the balance of electric supply and demand. The Company uses its Network Operations Center, or NOC, to remotely manage and reduce electricity consumption across a network of commercial, institutional, and industrial customer sites and make demand response capacity and energy available to grid operators and utilities on demand.”
Insitutional Activity: The institutional sentiment decreased to 0.92 in Q2 2016. Its down 0.72, from 1.64 in 2016Q1. The ratio worsened, as 19 funds sold all EnerNOC, Inc. shares owned while 30 reduced positions. 13 funds bought stakes while 32 increased positions. They now own 12.73 million shares or 11.35% less from 14.36 million shares in 2016Q1.
Kcg last reported 10,016 shares in the company. Creative Planning owns 400 shares or 0% of their US portfolio. Price T Rowe Assoc Md holds 31,300 shares or 0% of its portfolio. Bogle Investment Management Lp De has 136,981 shares for 0.06% of their US portfolio. Geode Management Ltd Co accumulated 0% or 186,828 shares. Raymond James & holds 0% or 56,465 shares in its portfolio. Ladenburg Thalmann Financial accumulated 1,595 shares or 0% of the stock. Blackrock Institutional Communication Na last reported 0% of its portfolio in the stock. Financial Bank Of America Corp De has invested 0% of its portfolio in EnerNOC, Inc. (NASDAQ:ENOC). Credit Suisse Ag has 61,279 shares for 0% of their US portfolio. Blackrock Limited Liability Corp last reported 0% of its portfolio in the stock. Northern Trust, a Illinois-based fund reported 135,638 shares. Aperio Gru Limited reported 19,522 shares or 0% of all its holdings. Clean Yield Grp has invested 0% of its portfolio in EnerNOC, Inc. (NASDAQ:ENOC). Deutsche Bank Ag holds 0% of its portfolio in EnerNOC, Inc. (NASDAQ:ENOC) for 174,820 shares.
More important recent EnerNOC, Inc. (NASDAQ:ENOC) news were published by: Fool.com which released: “EnerNOC, Inc. Trounces Its Expectations” on November 03, 2016, also Fool.com published article titled: “EnerNOC, Inc.’s Net Loss Narrows”, Fool.com published: “EnerNOC, Inc. Continues to Make Progress” on August 02, 2016. More interesting news about EnerNOC, Inc. (NASDAQ:ENOC) was released by: Fool.com and their article: “EnerNOC, Inc. Earnings Remain Challenged” with publication date: February 25, 2016.
ENOC Company Profile
EnerNOC, Inc., incorporated on June 5, 2003, is a well-known 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 clients with a Software-as-a-Service (SaaS) solutions with various areas of functionalities, including energy cost visualization, budgets, forecasts and accruals; utility bill management; compliance and reporting; facility optimization, including benchmarking facilities and identifying cost savings opportunities; project tracking, and demand management. The Firm offers its EIS offerings to enterprise clients at over four subscription levels, which include basic, standard, professional and industrial. The Company’s EIS provides its utility clients with a SaaS customer engagement platform, which collects and processes data, and uses data and machine learning approaches to segment businesses in a manner that enables its utility clients to provide personalized communication and recommendations to their customers.
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