Enovix Corporation (NASDAQ:ENVX) currently has a daily average trading volume of 5.98M but it saw 4144484 shares traded in last market. With a market cap of 1.51B USD, the company’s current market price of $8.03 came falling about -1.11 while comparing to the previous closing price of $8.12. 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 $7.99 while lowest mark touched by it was $8.47.
Taking a look at 20-day trading activity of Enovix Corporation (ENVX) gives us an average price of $9.23, while its current price level is -57.01% below from 52-week high level whereas it is 40.88% 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 $9.79 while that of 200 days or SMA-200 reads an average of $10.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.60% during that period while stretching the period over a month that decreases to 7.38%. 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 36.72 which implies that the stock is in neutral territory.
Over the week, ENVX’s stock price is moving -11.76% down while it is -10.08% when we observe its performance for the past one month. Year-to-date it is -35.86% down and over the past year, the stock is showing a downside performance of -43.89%.
The company is expected to be releasing its next quarterly report in January, 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 $6.08M as analysts are expecting the sales for current fiscal year at $22.15M and seeing the company making $40.34M 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 177.59M. Company’s return on investment (ROI) stands at -69.79% and return on equity (ROE) at -116.53%. Stock’s beta reads 1.96. Stock has a price to book (P/B) ratio of 8.51 while price to sale or P/S ratio amounts to 72.94. Its return on asset (ROA) is -50.57% on average.
