Boston, MA 05/29/2013 (wallstreetpr) – EnerNOC Inc. (NASDAQ:ENOC) which is involved in providing energy management applications, products and services for the smart grid had declined in its shares to the extent of 15.86 percent for the trading session. The shares of the company had been trading in the range of $14.27 to $16.82 per share before closing at $15.01 per share for the trading session.
The leading provider of energy intelligence software and related solutions had recently announced that it had cleared the contracted revenue of $140 million in the PJM capacity market. EnerNOC Inc. (NASDAQ:ENOC) had thereby increased its leading PJM demand response market share in the auction to 35 percent.
EnerNOC Inc. (NASDAQ:ENOC) is involved in providing intelligence software solutions in the demand response, data-driven energy efficiency, energy price and risk management and enterprise carbon management applications, services and products. The customers of EnerNOC Inc. (NASDAQ:ENOC) include commercial, industrial and industrial end users of energy as well as electric power grid operators and utilities.
The shares of EnerNOC Inc. (NASDAQ:ENOC) have recorded 52 week high price level of $19.08 per share and 52 week low price level of $6.00 per share. The energy intelligence software solutions provider presently holds 30 million shares outstanding and the institutional ownership in the company is at 70 percent of the holdings. The trading volume of EnerNOC Inc. (NASDAQ:ENOC) had surged to 2.14 million shares for the last trading session while the average trading volume for the company is only 229,137 shares per day
