Comverge Inc.
Shares of power demand response managers EnerNOC, Inc. (NASDAQ: ENOC) (market cap $588 million) and Comverge, Inc. (NASDAQ: COMV) (market cap $106 million) were trading up 27% and 7% respectively at midday on news released Friday by grid operator PJM Interconnection that demand response services would be an important part of its capacity in the June 2014 through May 2015 period.
Despite terrific share price appreciation over Q1 2011 for many clean energy companies, as demonstrated in our Saturday list of the TOP 20 performing companies in the EnergyBoom Clean 100 Index, not all companies in the sector ended the quarter with happy shareholders.
Here are the 10 worst-performing companies on the EnergyBoom Clean 100 Index January 3 through March 31:
EnergyBoom’s five clean sector stock market indices declined last week, with the overall EnergyBoom Clean 100 Index subindex falling 0.76 percent, compared with the S&P 500 Index (-0.82 percent), the Dow Jones Industrial Average (-0.90 percent), and the NASDAQ Composite Index (+0.65 percent).
EnergyBoom’s E•B Efficiency subindex gain of 3.1 percent last week was the best performance among the EnergyBoom clean sector indices. It also beat the leading green ETFs and all broad market indices.
EnergyBoom’s E•B Biofuel subindex decline of 0.99 percent last week was the best performance among the EnergyBoom clean sector indices. It also beat the leading green ETFs and all broad market indices except the Dax Index of 30 bluechips trading on the Frankfurt Stock Exchange, which slipped 0.24 percent.
