Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Enersys shares valued at $2,000,180 were sold by Shaffer David M on Nov 25 ’24. At $100.01 per share, Shaffer David M sold 20,000 shares. The insider’s holdings dropped to 206,724 shares worth approximately $19.9 million following the completion of this transaction.
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Also, Shaffer David M purchased 20,000 shares, netting a total of over 2,000,000 in proceeds.
Before that, Uplinger Chad C had sold 500 shares from its account. In a trade valued at $50,435, the Pres., Motive Power Global traded Enersys shares for $100.87 each. Upon closing the transaction, the insider’s holdings decreased to 500 shares, worth approximately $1.65 million.
As published in their initiating research note from ROTH MKM on August 27, 2024, Enersys [ENS] has been a Buy and the price target has been revised to $120. Analysts at BTIG Research downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late May. As of February 09, 2024, Oppenheimer has decreased its “an Outperform” rating to a “Perform” for ENS. Earlier on December 20, 2023, Oppenheimer resumed its rating. Their recommendation was “an Outperform” for ENS stock.
Analyzing ENS Stock Performance
During the last five days, there has been a surge of approximately 2.12%. Over the course of the year, Enersys shares have dropped approximately -4.66%. Shares of the company reached a 52-week high of $112.53 on 07/31/24 and a 52-week low of $86.41 on 02/13/24. A 50-day SMA is recorded $99.37, while a 200-day SMA reached $98.18. Nevertheless, trading volume fell to 0.15 million shares from 0.42 million shares the previous day.
Support And Resistance Levels for Enersys (ENS)
According to the 24-hour chart, there is a support level at 95.64, which, if violated, would cause prices to drop to 95.01. In the upper region, resistance lies at 97.38. The next price resistance is at 98.49. RSI (Relative Strength Index) is 45.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.45, which suggests the price will decrease in the coming days. Percent R is at 59.36%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
