Enersys (ENS) : Mondays money flow analysis of Enersys (ENS) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $5.99 million. In comparison, the inflow of money on upticks was a meager $2.66 million. The dollar value of composite uptick trades minus the downtick trades was negative $3.33 million. The uptick to downtick ratio of 0.44 in the money flow shows weakness. The downtick transaction value was high at $3.47 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($3.47 million). Enersys (ENS) gained $0.66 at $69.99, a change of 0.95% over the previous days close.
Shares of EnerSys rose by 7.9% in the last five trading days and 10.52% for the last 4 weeks. EnerSys is up 21.79% in the last 3-month period. Year-to-Date the stock performance stands at 25.83%.
Enersys (NYSE:ENS): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.47 and $68.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.97, notching a gain of 0.92% for the day. The total traded volume was 214,218 . The stock had closed at $69.33 on the previous day.
In a related news, Kane Kerry M, officer (VP, Corporate Controller & PAO) of Enersys, unloaded 2,500 shares at an average price of $64 on June 2, 2016. The total amount of the transaction was worth $160,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.