Notable News Spotlight: Energizer Holdings (ENR)

 Shares of Energizer Holdings, Inc. (NYSE: ENR) were transacted with a volume of 1811886 shares in last trading period as compared to its average volume of 910.09K shares over last three months period. The stock price scored 0.49% and valued at $46.83.

Energizer Holdings a USA based Company, belongs to Consumer Goods sector and Personal Products industry. Shares of the company returned -3.70% during the last five trading days and it returned -1.80% in past 30 trading days. It changed -23.94% over recent three months. The stock has changed -17.93% in one year period and YTD Performance clocked at 3.72%.

Energizer Holdings, Inc. (NYSE: ENR) announced the pricing of a $600 million offering of 7.750% senior notes due 2027. The notes priced at 100.0% of the principal amount thereof. The notes will be guaranteed, jointly and severally, on an unsecured basis, by certain of the Company’s domestic restricted subsidiaries.

The Company intends to use the net proceeds from the offering of senior notes, together with the net proceeds from the recently priced concurrent common stock and mandatory convertible preferred stock offerings, to fund the previously announced acquisition of the global auto care business of Spectrum Brands Holdings, Inc. (the “Auto Care Acquisition”) and to pay related fees, costs and expenses.

The closing of the offering of senior notes is conditioned on the substantially concurrent closing of the Auto Care Acquisition, which is expected to occur on or about January 28, 2019, and customary closing conditions.

The price moved ahead 1.54% from the mean of 20 days, -4.56% from 50 and separated -18.80% from 200 days average price. Its price volatility for a month is at 3.41% and for a week, volatility remained at 3.17%. It beta stands at 0.57. Company’s price to sales ratio for last 12 months was 1.61 while its price to book ratio for the most recent quarter was 114.22. Its Market Cap valued at $2893.16M.

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