Enovix Corporation (NASDAQ:ENVX) currently has a daily average trading volume of 5.96M but it saw 6011801 shares traded in last market. With a market cap of 1.65B USD, the company’s current market price of $8.75 came falling about -5.10 while comparing to the previous closing price of $9.22. 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 $8.54 while lowest mark touched by it was $9.5199.
Taking a look at 20-day trading activity of Enovix Corporation (ENVX) gives us an average price of $10.04, while its current price level is -53.16% below from 52-week high level whereas it is 53.51% 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 $10.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.50% during that period while stretching the period over a month that increases to 8.79%. 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 41.14 which implies that the stock is in neutral territory.
Over the week, ENVX’s stock price is moving -3.63% down while it is -26.66% when we observe its performance for the past one month. Year-to-date it is -30.11% down and over the past year, the stock is showing a downside performance of -15.87%.
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 $6.09M as analysts are expecting the sales for current fiscal year at $22.15M and seeing the company making $40.97M 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 1.95. Stock has a price to book (P/B) ratio of 9.27 while price to sale or P/S ratio amounts to 79.48. Its return on asset (ROA) is -50.57% on average.
