Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Enovix Corporation (NASDAQ: ENVX) was $6.91 for the day, up 1.02% from the previous closing price of $6.84. In other words, the price has increased by $1.02 from its previous closing price. On the day, 4.09 million shares were traded. ENVX stock price reached its highest trading level at $7.11 during the session, while it also had its lowest trading level at $6.74.
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 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:
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 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 1326519680 and an Enterprise Value of 1246705152. For the stock, the TTM Price-to-Sale (P/S) ratio is 57.29 while its Price-to-Book (P/B) ratio in mrq is 5.34. Its current Enterprise Value per Revenue stands at 54.031 whereas that against EBITDA is -7.997.
Stock Price History:
The Beta on a monthly basis for ENVX is 1.99, which has changed by 0.103833914 over the last 52 weeks, in comparison to a change of 0.097913146 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 -12.10%, while the 200-Day Moving Average is calculated to be -31.61%.
Shares Statistics:
ENVX traded an average of 5.77M shares per day over the past three months and 4198460 shares per day over the past ten days. A total of 190.56M shares are outstanding, with a floating share count of 161.51M. Insiders hold about 15.56% of the company’s shares, while institutions hold 48.63% stake in the company. Shares short for ENVX as of 1744675200 were 47537147 with a Short Ratio of 8.24, compared to 1741910400 on 47093482. Therefore, it implies a Short% of Shares Outstanding of 47537147 and a Short% of Float of 28.199999999999996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
