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EnerSys (ENS) Shows Strength: Stock Adds 7.9% in Session
EnerSys (ENS - Free Report) was a big mover last session, as its shares rose almost 8% on the day. The move came after the company reported first-quarter fiscal 2017 profit of $1.02 on a per-share basis. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $61.19 to $65.15 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
EnerSys currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
ENERSYS INC Price
ENERSYS INC Price | ENERSYS INC Quote
A better-ranked stock in the mach-electrical space is Franklin Electric Co., Inc. (FELE - Free Report) , which also carries a Zacks Rank #2 (Buy).
Is ENS going up? Or down? Predict to see what others think: Up or Down
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