Separately, Zacks Investment Research raised shares of EnSync from a hold rating to a buy rating and set a $0.50 price objective for the company in a research note on Friday, December 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. EnSync presently has a consensus rating of Hold and a consensus target price of $1.21.
EnSync (NYSEAMERICAN:ESNC) opened at $0.39 on Wednesday. EnSync has a 1-year low of $0.31 and a 1-year high of $0.80. The company has a market cap of $21.77, a PE ratio of -19.50 and a beta of 0.59.
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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.
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