In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Enovix Corporation’s stock clocked out at $7.99, up 0.76% from its previous closing price of $7.93. In other words, the price has increased by $0.76 from its previous closing price. On the day, 4.68 million shares were traded. ENVX stock price reached its highest trading level at $8.145 during the session, while it also had its lowest trading level at $7.7414.
Ratios:
To gain a deeper understanding of ENVX’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1534111872 and an Enterprise Value of 1483666816. For the stock, the TTM Price-to-Sale (P/S) ratio is 66.99 while its Price-to-Book (P/B) ratio in mrq is 6.51. Its current Enterprise Value per Revenue stands at 64.789 whereas that against EBITDA is -10.11.
Stock Price History:
The Beta on a monthly basis for ENVX is 2.01, which has changed by -0.13057673 over the last 52 weeks, in comparison to a change of 0.11241627 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 12.74%, while the 200-Day Moving Average is calculated to be -16.09%.
Shares Statistics:
It appears that ENVX traded 5.78M shares on average per day over the past three months and 5614160 shares per day over the past ten days. A total of 191.72M shares are outstanding, with a floating share count of 161.69M. Insiders hold about 15.79% of the company’s shares, while institutions hold 48.67% stake in the company. Shares short for ENVX as of 1745971200 were 46667331 with a Short Ratio of 8.07, 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
