Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Enovix Corporation (NASDAQ: ENVX) was $7.86 for the day, down -1.26% from the previous closing price of $7.96. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 2.84 million shares were traded. ENVX stock price reached its highest trading level at $7.99 during the session, while it also had its lowest trading level at $7.67.
Ratios:
Our analysis of ENVX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.49 and its Current Ratio is at 4.68. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.77.
On July 22, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $25.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 02 ’25 when Reichow Gregory sold 8,129 shares for $6.57 per share. The transaction valued at 53,408 led to the insider holds 0 shares of the business.
Talluri Rajendra K sold 300,000 shares of ENVX for $2,805,000 on Feb 27 ’25. The President and CEO now owns 2,045,301 shares after completing the transaction at $9.35 per share. On Feb 27 ’25, another insider, Talluri Rajendra K, who serves as the Officer of the company, bought 300,000 shares for $9.63 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENVX now has a Market Capitalization of 1509151488 and an Enterprise Value of 1458706304. For the stock, the TTM Price-to-Sale (P/S) ratio is 65.90 while its Price-to-Book (P/B) ratio in mrq is 6.41. Its current Enterprise Value per Revenue stands at 63.699 whereas that against EBITDA is -9.94.
Stock Price History:
The Beta on a monthly basis for ENVX is 2.01, which has changed by -0.25708884 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, ENVX has reached a high of $18.68, while it has fallen to a 52-week low of $5.27. The 50-Day Moving Average of the stock is 11.37%, while the 200-Day Moving Average is calculated to be -16.47%.
Shares Statistics:
ENVX traded an average of 5.60M shares per day over the past three months and 4502900 shares per day over the past ten days. A total of 191.72M shares are outstanding, with a floating share count of 162.12M. Insiders hold about 15.57% of the company’s shares, while institutions hold 49.25% stake in the company. Shares short for ENVX as of 1745971200 were 46667331 with a Short Ratio of 8.33, compared to 1743379200 on 46524876. Therefore, it implies a Short% of Shares Outstanding of 46667331 and a Short% of Float of 32.59.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
