Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Enovix Corporation (NASDAQ: ENVX) closed at $6.01 in the last session, down -4.75% from day before closing price of $6.31. In other words, the price has decreased by -$4.75 from its previous closing price. On the day, 8.96 million shares were traded. ENVX stock price reached its highest trading level at $6.79 during the session, while it also had its lowest trading level at $5.65.
Ratios:
We take a closer look at ENVX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.35 and its Current Ratio is at 5.49. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.74.
On July 22, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 27 ’25 when Talluri Rajendra K sold 300,000 shares for $9.35 per share. The transaction valued at 2,805,000 led to the insider holds 2,045,301 shares of the business.
Talluri Rajendra K bought 300,000 shares of ENVX for $2,889,000 on Feb 27 ’25. On Dec 03 ’24, another insider, ATKINS BETSY S, who serves as the Director of the company, sold 75,000 shares for $9.73 each. As a result, the insider received 729,750 and left with 99,497 shares of the company.
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 1206940288 and an Enterprise Value of 1131940864. For the stock, the TTM Price-to-Sale (P/S) ratio is 49.83 while its Price-to-Book (P/B) ratio in mrq is 4.64. Its current Enterprise Value per Revenue stands at 49.057 whereas that against EBITDA is -7.261.
Stock Price History:
The Beta on a monthly basis for ENVX is 1.94, which has changed by -0.21846557 over the last 52 weeks, in comparison to a change of -0.028342128 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 $5.69. The 50-Day Moving Average of the stock is -35.75%, while the 200-Day Moving Average is calculated to be -43.94%.
Shares Statistics:
According to the various share statistics, ENVX traded on average about 6.34M shares per day over the past 3-months and 5958530 shares per day over the past 10 days. A total of 190.56M shares are outstanding, with a floating share count of 162.20M. Insiders hold about 15.20% of the company’s shares, while institutions hold 48.42% stake in the company. Shares short for ENVX as of 1741910400 were 47093482 with a Short Ratio of 7.43, compared to 1739491200 on 44539674. Therefore, it implies a Short% of Shares Outstanding of 47093482 and a Short% of Float of 27.939999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
