Enovix Corporation (NASDAQ:ENVX) currently has a daily average trading volume of 6.68M but it saw 6444909 shares traded in last market. With a market cap of 2.06B USD, the company’s current market price of $10.95 came rising about 1.58 while comparing to the previous closing price of $10.78. 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 $10.57 while lowest mark touched by it was $11.4901.
Taking a look at 20-day trading activity of Enovix Corporation (ENVX) gives us an average price of $10.88, while its current price level is -41.38% below from 52-week high level whereas it is 92.11% 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 $9.88 while that of 200 days or SMA-200 reads an average of $10.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.80% during that period while stretching the period over a month that increases to 10.11%. 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 51.12 which implies that the stock is in neutral territory.
Over the week, ENVX’s stock price is moving -10.47% down while it is 21.94% when we observe its performance for the past one month. Year-to-date it is 0.74% up and over the past year, the stock is showing an upside performance of 4.58%.
The company is expected to be releasing its next quarterly report in February, 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 $6.21M as analysts are expecting the sales for current fiscal year at $22.15M and seeing the company making $42.27M 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 with 14.13% of that held by the insiders while 47.00% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -69.79% and return on equity (ROE) at -116.53%. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 11.60 while price to sale or P/S ratio amounts to 99.47. Its return on asset (ROA) is -50.57% on average.
