Purchase Details

Company: Energizer Holdings
Ticker:ENR
Yahoo Beta:1.19
Industry:Electrical equipment & parts

Company Description:  Energizer Holdings produces batteries as well as car care products

Purchase Date:02 Apr 2021
Purchase Price:$47.50
  --Split Adjusted:$47.50
Shares Purchased:200
  --Split Adjusted:200
Transaction Fee:$0.00
Price Range (6 Months Prior):    
High$49.01
Date15 Mar 2021
Low$39.25
Date28 Oct 2020
S&P (Purchase Date):$4,010.30

Timing:  We bought near the six month high.
Reason:  Energizer Holdings has built up a portfolio of battery brands with different price points for different clienteles around the world. The company has high brand recognition. The company has made a number of strategic acquisitions expanding its battery offerings in the generic domestic market and in developing economies. The company has also expanded into lighting products such as flashlights and into a variety of car care products, including well known brands such as Armor All (interior and exterior surface protection) and STP (motor oil). The purchase depressed the stock price, but we believe that Energizer has made good progress realizing synergies, reducing costs, and improving the supply chain.

Total Spent:   $9,500.00