Ratings & Stock Target Updates on Voxeljet AG (NYSE:VJET) and Enphase Energy, Inc. (NASDAQ:ENPH)

Brokerage firms currently have a positive stance on shares of Voxeljet AG (NYSE:VJET). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.70. Those same analysts are projecting that the stock will reach $6.18 on a short term basis.

Voxeljet AG (NYSE:VJET)’s shares may have a significant upside to the consensus target of 6.18, but how has it been performing relative to the market?  The stock’s price is 5.14 and their relative strength index (RSI) stands at 75.59.  RSI is a technical oscillator that shows price strength by comparing upward and downward movements.  It indicates oversold and overbought price levels for a stock.  

Voxeljet AG (NYSE:VJET) shares are moving 20.66% trading at $5.14 today.

Equity Research firms currently have a positive stance on shares of Enphase Energy, Inc. (NASDAQ:ENPH). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $1.58 on a short term basis.

Performance
At the time of writing, the stock was trading at $1.53. This represents a change from most recent open price of 17.69%. In terms of performance, year to date, the stock is 51.49%. The monthly stock performance comes in at 86.04%. For the quarter, shares are performing at 98.70%. Weekly performance analysis shows the equity at 17.69%.

Technicals
In taking a look at technical levels, shares are trading 63.87% away from the 50 day simple moving average and 34.05% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -24.63% away from it’s 52- week high and 135.35% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Enphase Energy, Inc.’s RSI stands at 81.32. In looking at volatility levels, the shares saw weekly volatility of 10.66% and 8.21% over the past month.

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