In the latest trading session, Enphase Energy (ENPH) closed at $204.66, marking a +1.24% move from the previous day.
Enphase Energy (NASDAQ: ENPH) and SolarEdge Technologies (NASDAQ: SEDG) have crushed the market. They also both have tons of cash and keep generating more. However, they're success has been an outlier in the solar industry, and they trade for extreme valuations.
Enphase's (ENPH) installers witness the increased adoption of the Enphase Energy System, powered by 1Q8 microinverters, in Virginia.