Enovix Corporation (NASDAQ:ENVX) currently has a daily average trading volume of 6.10M but it saw 6400214 shares traded in last market. With a market cap of 1.71B USD, the company’s current market price of $9.08 came falling about -0.66 while comparing to the previous closing price of $9.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.68 and as low as $5.70. In the recent trading on the day, stock has struck highest price mark of $8.68 while lowest mark touched by it was $9.41.
Taking a look at 20-day trading activity of Enovix Corporation (ENVX) gives us an average price of $10.74, while its current price level is -51.39% below from 52-week high level whereas it is 59.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.96 while that of 200 days or SMA-200 reads an average of $10.46. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.48% during that period while stretching the period over a month that decreases to 8.98%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.40 which implies that the stock is in neutral territory.
Over the week, ENVX’s stock price is moving -13.36% down while it is -23.15% when we observe its performance for the past one month. Year-to-date it is -27.48% down and over the past year, the stock is showing a downside performance of -10.89%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.28 beaten by the consensus estimate of -0.27 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.18 while estimate for next year EPS is -0.81. In next quarter, company is expected to be making quarterly sales of $6.18M as analysts are expecting the sales for current fiscal year at $22.14M and seeing the company making $39.75M in sales next year. Moreover, analysts are in estimates of $8.77M for current-quarter revenue.
Currently, Enovix Corporation’s total number of outstanding shares is 167.39M. Company’s return on investment (ROI) stands at -69.79% and return on equity (ROE) at -116.53%. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 9.62 while price to sale or P/S ratio amounts to 82.31. Its return on asset (ROA) is -50.57% on average.
