Enovix Corporation (NASDAQ:ENVX) currently has a daily average trading volume of 6.37M but it saw 3270569 shares traded in last market. With a market cap of 1.56B USD, the company’s current market price of $8.14 came falling about -6.86 while comparing to the previous closing price of $8.74. 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 $8.1 while lowest mark touched by it was $8.7431.
Taking a look at 20-day trading activity of Enovix Corporation (ENVX) gives us an average price of $8.21, while its current price level is -56.42% below from 52-week high level whereas it is 42.81% 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 $10.02 while that of 200 days or SMA-200 reads an average of $10.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.27% during that period while stretching the period over a month that increases to 7.35%. 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 43.06 which implies that the stock is in neutral territory.
Over the week, ENVX’s stock price is moving 0.12% up while it is -13.77% when we observe its performance for the past one month. Year-to-date it is -25.11% down and over the past year, the stock is showing a downside performance of -0.97%.
The company is expected to be releasing its next quarterly report on 2025-Feb-18, for which analysts forecasted an EPS of -0.17 while estimate for next year EPS is -0.65. In next quarter, company is expected to be making quarterly sales of $5.01M as analysts are expecting the sales for current fiscal year at $35M and seeing the company making $142.84M in sales next year. Moreover, analysts are in estimates of $4.72M for current-quarter revenue.
Currently, Enovix Corporation’s total number of outstanding shares is 190.56M with 13.85% of that held by the insiders while 48.87% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -51.70% and return on equity (ROE) at -88.04%. Stock’s beta reads 1.92. Stock has a price to book (P/B) ratio of 6.29 while price to sale or P/S ratio amounts to 67.49. Its return on asset (ROA) is -40.57% on average.
