EnSync (NYSEMKT:ESNC) Price Target & New Coverage by Rodman & Renshaw

Rodman & Renshaw published in an analysts report that it initiated coverage on EnSync (NYSEMKT:ESNC) stock, with “Buy” rating and a $1.5 target price.

In spite of the new coverage NYSEMKT:ESNC is right now trading 0.00% lower at $0.55 as of 12:00 AM New York time. EnSync shares have [From2] 0% over the past 200 days, while the Standard & Poor’s 500 index has increased 10.69% for the same time period.

EnSync (NYSEMKT:ESNC) Profile

EnSync, Inc. is engaged in developing, licensing and manufacturing energy management systems solutions serving the commercial and industrial (C&I) building, utility, and off-grid markets. The Company develops and commercializes product and service solutions for the distributed energy generation market, including energy management systems, energy storage systems, applications, and Internet of energy platforms that link distributed energy resources with the grid network. The Company’s products include Matrix energy management system and advanced energy storage products.

EnSync (NYSEMKT:ESNC) closed at $0.55 yesterday. A total of shares of the company’s stock traded hands. This is down from average of 78,277 shares. EnSync has a 52 week low of $0.13 and a 52 week high of $1.42. The company has a market cap of $26.32M and a P/E ratio of 0.

Get the latest EnSync (NYSEMKT:ESNC) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Will Rodman & Renshaw New Ratings Coverage and $1.5 Target Help EnSync (NYSEMKT:ESNC) Stock Today? appeared first on Octafinance.