EnSync Inc (NYSEAMERICAN:ESNC) shares rose 5.9% during trading on Friday . The company traded as high as $0.38 and last traded at $0.36. Approximately 612,004 shares traded hands during mid-day trading, an increase of 268% from the average daily volume of 166,128 shares. The stock had previously closed at $0.34.

ESNC has been the topic of a number of recent analyst reports. ValuEngine cut shares of EnSync from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Roth Capital initiated coverage on shares of EnSync in a research report on Tuesday, September 19th. They issued a “buy” rating and a $0.85 target price on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $1.45.

A hedge fund recently raised its stake in EnSync stock. ICM Asset Management Inc. WA grew its holdings in shares of EnSync Inc (NYSEAMERICAN:ESNC) by 47.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 735,500 shares of the technology company’s stock after purchasing an additional 237,700 shares during the period. ICM Asset Management Inc. WA owned about 1.32% of EnSync worth $379,000 as of its most recent SEC filing.

COPYRIGHT VIOLATION WARNING: “EnSync (ESNC) Stock Price Up 5.9%” was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be viewed at https://www.watchlistnews.com/ensync-esnc-stock-price-up-5-9/1741042.html.

About EnSync

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.

Receive News & Ratings for EnSync Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnSync Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.