Today’s Market Runner: Ennis, Inc.’s Trend Down, Especially After Today’s Weak Session

Today's Market Runner: Ennis, Inc.'s Trend Down, Especially After Today's Weak Session

The stock of Ennis, Inc. (NYSE:EBF) is a huge mover today! About 326,801 shares traded hands or 152.84% up from the average. Ennis, Inc. (NYSE:EBF) has declined 14.44% since March 2, 2016 and is downtrending. It has underperformed by 22.70% the S&P500.
The move comes after 9 months negative chart setup for the $424.14M company. It was reported on Oct, 5 by Barchart.com. We have $14.30 PT which if reached, will make NYSE:EBF worth $55.14M less.

According to Zacks Investment Research, “Ennis, Inc. is one of the largest private-label printed business product suppliers in the United States. Ennis offers an extensive product line from simple to complex forms, laser cut-sheets, negotiable documents, internal bank forms, tags, labels, presentation folders, commercial printing, advertising specialties, screen printed products, and point-of-purchase display advertising that can be custom designed to customer needs.”

Insitutional Activity: The institutional sentiment decreased to 1.05 in 2016 Q2. Its down 0.25, from 1.3 in 2016Q1. The ratio dropped, as 19 funds sold all Ennis, Inc. shares owned while 44 reduced positions. 18 funds bought stakes while 48 increased positions. They now own 21.34 million shares or 1.30% more from 21.06 million shares in 2016Q1.
Parametric Port Assoc Limited Liability Com last reported 161,275 shares in the company. Barrow Hanley Mewhinney Strauss Ltd Llc has 0% invested in the company for 27,779 shares. Creative Planning holds 0% or 600 shares in its portfolio. Kennedy Cap Management Inc has 84,253 shares for 0.03% of their US portfolio. Deere & Co holds 0.02% or 18,764 shares in its portfolio. Bnp Paribas Arbitrage reported 999 shares or 0% of all its holdings. Schroder Inv Mngmt Grp Inc has 90,563 shares for 0% of their US portfolio. Brandywine Global Inv Mngmt Ltd Limited Liability Company, a Pennsylvania-based fund reported 18,900 shares. Alexandria Cap Ltd Liability Corporation has invested 0.01% of its portfolio in Ennis, Inc. (NYSE:EBF). Acadian Asset Mngmt Limited Liability has invested 0.04% of its portfolio in Ennis, Inc. (NYSE:EBF). Cetera Advsrs last reported 0.02% of its portfolio in the stock. Great West Life Assurance Can owns 2,011 shares or 0% of their US portfolio. Springbok Capital Lc owns 5,468 shares or 0.01% of their US portfolio. Tower Rech Ltd Llc (Trc) last reported 1,013 shares in the company. Jpmorgan Chase And holds 418,350 shares or 0% of its portfolio.

Insider Transactions: Since April 7, 2016, the stock had 0 insider buys, and 8 sales for $3.81 million net activity. PRITCHETT KENNETH G also sold $1,995 worth of Ennis, Inc. (NYSE:EBF) shares. On Thursday, April 7 the insider Ahmad Irshad sold $833,873.

More notable recent Ennis, Inc. (NYSE:EBF) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on October 10, 2010, also Businesswire.com with their article: “Ennis, Inc. Declares Regular Quarterly Dividend & Special Dividend from Sale …” published on June 20, 2016, Businesswire.com published: “Ennis, Inc. Announces Proposed Sale of Apparel Division and Certain …” on April 04, 2016. More interesting news about Ennis, Inc. (NYSE:EBF) were released by: Seekingalpha.com and their article: “Ennis, Inc., Print Industry Leader Thrives In The Digital Era” published on September 16, 2016 as well as Businesswire.com‘s news article titled: “Ennis, Inc. Announces Acceptance of $110 Million Superior Offer for Its …” with publication date: May 04, 2016.

EBF Company Profile

Ennis, Inc., incorporated on June 29, 1949, and its subsidiaries are principally engaged in the production and sale of business forms, other business products and apparel to clients primarily located in the United States. The Company’s divisions include Print and Apparel. The Print Segment prints and makes a range of business forms and other business products. The Apparel Segment makes and sells activewear throughout the United States, Canada and Mexico primarily through sales representatives.

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