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Energizer: 52-Week High Recently Eclipsed (ENR)

By Amy Schwartz

Shares of Energizer (NYSE:ENR) traded today at $45.99, breaking its 52-week high. Approximately 137,000 shares have changed hands today, as compared to an average 30-day volume of 436,000 shares.

Energizer share prices have moved between a 52-week high of $45.99 and a 52-week low of $28.86 and are now trading 58% above that low price at $45.66 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has remained constant.

Based on a current price of $45.66, Energizer is currently 8.7% above its average consensus analyst price target of $41.70. The stock should discover initial support at its 50-day moving average (MA) of $41.76 and subsequent support at its 200-day MA of $39.00.

Energizer Holdings, Inc. manufactures dry cell batteries and flashlights. The Company offers a full line of products, including alkaline, carbon zinc, miniature, and rechargeable batteries, as well as lighting products. Energizer also manufactures and markets a range of razor and shave related products on a global basis.

SmarTrend is tracking the current trend status for Energizer and will alert subscribers who have ENR in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows Energizer

Ticker(s): ENR