Enersys’s filing revealed that its CEO Shaffer David M unloaded Company’s shares for reported $2.0 million on Nov 25 ’24. In the deal valued at $100.01 per share,20,000 shares were sold. As a result of this transaction, Shaffer David M now holds 206,724 shares worth roughly $19.11 million.
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Then, Shaffer David M bought 20,000 shares, generating $2,000,000 in total proceeds.
Before that, Uplinger Chad C sold 500 shares. Enersys shares valued at $50,435 were divested by the Pres., Motive Power Global at a price of $100.87 per share. As a result of the transaction, Uplinger Chad C now holds 17,175 shares, worth roughly $1.59 million.
ROTH MKM initiated its Enersys [ENS] rating to a Buy in a research note published on August 27, 2024; the price target was $120. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in late May from “a Buy” to “a Neutral”. Oppenheimer also remained covering ENS and has decreased its forecast on February 09, 2024 with a “Perform” recommendation from previously “an Outperform” rating. Oppenheimer maintained its rating on December 20, 2023. It rated ENS as “an Outperform”.
Price Performance Review of ENS
On Friday, Enersys [NYSE:ENS] saw its stock fall -0.05% to $92.46. Over the last five days, the stock has lost -0.86%. Enersys shares have fallen nearly -8.42% since the year began. Nevertheless, the stocks have fallen -6.78% over the past one year. While a 52-week high of $112.53 was reached on 07/31/24, a 52-week low of $86.41 was recorded on 02/13/24. SMA at 50 days reached $97.43, while 200 days put it at $98.47.
Levels Of Support And Resistance For ENS Stock
The 24-hour chart illustrates a support level at 91.06, which if violated will result in even more drops to 89.67. On the upside, there is a resistance level at 94.12. A further resistance level may holdings at 95.79. The Relative Strength Index (RSI) on the 14-day chart is 41.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.43%. Stochastics %K at 23.82% indicates the stock is a holding.
How much short interest is there in Enersys?
A steep rise in short interest was recorded in Enersys stocks on 2024-11-29, dropping by 41573.0 shares to a total of 0.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.96 million shares. There was a decline of -4.53%, which implies that there is a negative sentiment for the stock.
