Is It Right Time to Be Bullish on Viveve Medical, Inc. (VIVE), Enphase Energy, Inc. (ENPH)?

    The shares of Viveve Medical, Inc. (NASDAQ:VIVE) has been pegged with a rating of Hold by Stifel in its latest research note that was published on July 23rd, 2019. The research company has also assigned a $1 price target. Stifel wasn’t the only research firm that published a report of Viveve Medical, Inc., with other equities research analysts also giving their opinion on the stock. Raymond James advised investors in its research note published on July 23rd, 2019, to Mkt Perform the VIVE stock. The stock had earned Hold rating from Maxim Group when it published its report on July 23rd, 2019. The stock was given Buy rating by Stifel in its report released on April 17th, 2018, the day when the price target on the stock was placed at $6. Northland Capital was of a view that VIVE is Outperform in its latest report on January 5th, 2018 while giving it a price target of $8. Mizuho thinks that VIVE is worth Buy rating. This was contained in the firm’s report on November 17th, 2017 in which the stock’s price target was also moved to $10.

    Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $2.50. The price of the stock the last time has raised by 18.18% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 32.89.

    The shares of the company added by 6.56% during the trading session on Thursday, reaching a low of $0.125 while ending the day at $0.13. During the trading session, a total of 39.45 million shares were traded which represents a -1156.34% decline from the average session volume which is 3.14M shares. VIVE had ended its last session trading at 0.12. Viveve Medical, Inc. currently has a market cap of $6.04M while its P/E earnings growth sits at 0.45, with a beta of -0.10. VIVE 52-week low price stands at $0.11 while its 52-week high price is $3.71.

    The Viveve Medical, Inc. generated $1.05 million in revenue during the last quarter, which is slightly lower than the $3.69 million predicted by analysts. Viveve Medical, Inc. has the potential to record -1.20 EPS for the current fiscal year, according to equities analysts.

    Investment analysts at H.C. Wainwright published a research note on July 31st, 2019 where it informed investors and clients that Enphase Energy, Inc. (NASDAQ:ENPH) is now rated as Buy. Their price target on the stock stands at $36. Raymond James also rated ENPH as Downgrade on July 23rd, 2019, with its price target of $1.25 suggesting that ENPH could down by -15.86% from its current share price. Even though the stock has been trading at $34.83/share, analysts expect it to surge higher by -3.10% to reach $29.13/share. It started the day trading at $35.11 and traded between $33.18 and $33.75 throughout the trading session.

    A look at its technical shows that ENPH’s 50-day SMA is 23.25 while its 200-day SMA stands at 12.42. The stock has a high of $35.09 for the year while the low is $3.70. The company’s P/E ratio currently sits at 421.88, while the P/B ratio is 32.77. At the moment, only of Enphase Energy, Inc. shares were sold short. The company’s average trading volume currently stands at 4.30M shares, which means that the short-interest ratio is just 2.81 days. Over the past seven days, the company moved, with its shift of 13.33%. Looking further, the stock has raised 129.90% over the past 90 days while it gained 333.80% over the last six months.

    The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. BlackRock Fund Advisors bought more ENPH shares, increasing its portfolio by +8.95% during the last quarter. This move now sees BlackRock Fund Advisors purchasing 466,948 shares in the last quarter, thus it now holds 5,686,940 shares of ENPH, with a total valuation of $160,087,361. The Vanguard Group Inc meanwhile bought more ENPH shares in the recently filed quarter, changing its stake to $144,863,672 worth of shares. Gilder Gagnon Howe Co LLC followed the path by decreasing its ENPH portfolio by -13.04% in the quarter. This means that Gilder Gagnon Howe Co LLC sold -588,502 shares in the last quarter and now controls 3,925,840 shares of the ENPH stock, with the valuation hitting $110,512,396.

    Similarly, Greenvale Capital LLP decreased its Enphase Energy, Inc. shares by -37.78% during the recently filed quarter. After selling -1,700,000 shares in the last quarter, the firm now controls 2,800,000 shares of Enphase Energy, Inc. which are valued at $78,820,000. In the same vein, Invesco Capital Management LLC increased its Enphase Energy, Inc. shares by during the most recent reported quarter. The firm bought 75,185 shares during the quarter which increased its stakes to 2,153,900 shares and is now valued at $60,632,285. Following these latest developments, around 1.90% of Enphase Energy, Inc. stocks are owned by institutional investors and hedge funds.