Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Enovix Corporation’s stock clocked out at $7.85, down -8.83% from its previous closing price of $8.61. In other words, the price has decreased by -$8.83 from its previous closing price. On the day, 6.28 million shares were traded.
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 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 65.08 while its Price-to-Book (P/B) ratio in mrq is 6.06.
Stock Price History:
Over the past 52 weeks, ENVX has reached a high of $18.68, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is -28.09%, while the 200-Day Moving Average is calculated to be -29.12%.
Shares Statistics:
A total of 190.56M shares are outstanding, with a floating share count of 162.53M. Insiders hold about 15.03% of the company’s shares, while institutions hold 48.45% stake in the company.
