Enovix Corporation (NASDAQ:ENVX) currently has a daily average trading volume of 6.00M but it saw 3966712 shares traded in last market. With a market cap of 1.12B USD, the company’s current market price of $5.83 came falling about -3.00 while comparing to the previous closing price of $6.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.68 and as low as $5.27. In the recent trading on the day, stock has struck highest price mark of $5.69 while lowest mark touched by it was $5.9698.
Taking a look at 20-day trading activity of Enovix Corporation (ENVX) gives us an average price of $7.04, while its current price level is -68.79% below from 52-week high level whereas it is 10.63% 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 $8.54 while that of 200 days or SMA-200 reads an average of $10.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.57% during that period while stretching the period over a month that increases to 10.09%. 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 35.43 which implies that the stock is in neutral territory.
Over the week, ENVX’s stock price is moving -12.26% down while it is -26.02% when we observe its performance for the past one month. Year-to-date it is -46.37% down and over the past year, the stock is showing a downside performance of -12.99%.
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 $34.85M and seeing the company making $139.62M 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 14.00% of that held by the insiders while 48.88% 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 2.02. Stock has a price to book (P/B) ratio of 4.50 while price to sale or P/S ratio amounts to 48.34. Its return on asset (ROA) is -40.57% on average.
