Large Outflow of Money Witnessed in Enersys

Enersys (ENS) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (6.69 million) in Enersys (ENS). On Tuesday, The value of composite uptick trades was $3.75 million, whereas, the value of composite downtick trades was $10.44 million and the ratio between the two was 0.36, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $8.2 million. $1.23 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.15. The negative money flow of ($6.97 million) shows selling on strength. Enersys (ENS) gained $1.01 intraday at $62.58 and registrered 1.64% for the week.


The company Insiders own 1.1% of Enersys shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -39.88% . Institutional Investors own 96.59% of Enersys shares. During last six month period, the net percent change held by insiders has seen a change of -39.88%. In an insider trading activity,The officer (VP, Corporate Controller & PAO) of Enersys, Kane Kerry M sold 2,500 shares at $64 on June 2, 2016. The Insider selling transaction had a total value worth of $160,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of EnerSys appreciated by 6.69% during the last five trading days but lost 2.25% on a 4-week basis. EnerSys is up 21% in the last 3-month period. Year-to-Date the stock performance stands at 14.18%.

Enersys (NYSE:ENS): stock turned positive on Tuesday. Though the stock opened at $63.36, the bulls momentum made the stock top out at $63.89 level for the day. The stock recorded a low of $62.77 and closed the trading day at $63.49, in the green by 1.45%. The total traded volume for the day was 233,965. The stock had closed at $62.58 in the previous days trading.

EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company also manufacture, market and distribute related products such as chargers, power equipment, outdoor cabinet enclosures and battery accessories. It provides related after-market and customer-support services for industrial batteries. The Company has two primary product lines: reserve power products and motive power products. Reserve power products are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems, or UPS applications for computer and computer-controlled systems, and other specialty power applications. Motive power products are used to provide power for electric industrial forklifts used in manufacturing, warehousing and other material handling applications, as well as mining equipment, diesel locomotive starting and other rail equipment.

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