Are Petroquest Energy Inc (PQ), National Penn Bancshares (NPBC) and Enphase Energy Inc (ENPH) Overvalued?
New York, NY – GDP INSIDER – 03/27/2015.
This article discusses three companies: Petroquest Energy Inc (NYSE:PQ), National Penn Bancshares (NASDAQ:NPBC) and Enphase Energy Inc (NASDAQ:ENPH)
Petroquest Energy Inc (NYSE:PQ) continued its recent gains yesterday with the stock climbing 5.71%or $0.12 to close its trading session at $2.22 on slightly higher than average trading volume of 1.07 million shares compared to its three month average volume of 0.769 million. Despite the gain, the stock is trading 23.06% below its 50 day moving average of $2.87 and 52.58% away from its 200 day moving average of $4.66. Petroquest Energy Inc has an RSI of 35.59, which indicates the stock is not oversold at the current levels and has good upward potential making it a hold with a view to buy.
National Penn Bancshares (NASDAQ:NPBC) jumped slightly on Thursday with the stock gaining 0.19% or two cents to close the day at a new closing price of $10.71 on high trading volume of 1.065 million compared to its three month average trading volume of 0.786 million. The $1.50 billion market cap company, which traded within a range of $10.58 to $10.74 during the day, currently situated 19.34% above its one year low of $8.97 and 2.19% away from its one year high of $10.95. With forward P/E of 12.87 and consensus price target of $11, National Penn Bancshares still has room for growth.
Enphase Energy Inc (NASDAQ:ENPH) gained $0.36 to finish its trading session at a new closing price of $12.23, a 3.03% increase in value that moved the stock 79.33% above its 52 week low of $6.82 and 31.94% away from its 52 week high of $17.97. Over the past one week and over the past four weeks, the shares of Enphase Energy Inc have gained 4.97% and 11.82%, respectively. With positive quarterly revenue growth of 56.80% and one year target price estimate of $16.65 the stock does have potential in the long term and could be a good investment, but is at best a hold rather than a buy for now.
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