Enovix Corporation (NASDAQ:ENVX) currently has a daily average trading volume of 5.87M but it saw 4018049 shares traded in last market. With a market cap of 1.30B USD, the company’s current market price of $6.79 came rising about 7.44 while comparing to the previous closing price of $6.32. 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 $6.33 while lowest mark touched by it was $6.8153.
Taking a look at 20-day trading activity of Enovix Corporation (ENVX) gives us an average price of $6.51, while its current price level is -63.65% below from 52-week high level whereas it is 28.84% 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 $8.02 while that of 200 days or SMA-200 reads an average of $10.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.49% during that period while stretching the period over a month that increases to 10.45%. 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 48.36 which implies that the stock is in neutral territory.
Over the week, ENVX’s stock price is moving 16.47% up while it is -22.31% when we observe its performance for the past one month. Year-to-date it is -37.53% down and over the past year, the stock is showing an upside performance of 13.55%.
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 $5.1M as analysts are expecting the sales for current fiscal year at $35.52M and seeing the company making $134.69M 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 14.37% of that held by the insiders while 49.12% 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 2.01. Stock has a price to book (P/B) ratio of 5.24 while price to sale or P/S ratio amounts to 56.30. Its return on asset (ROA) is -40.57% on average.
