Market Recap Check: Enovix Corporation (ENVX)’s Negative Finish at 7.60, Up/Down -0.26

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.

The price of Enovix Corporation (NASDAQ: ENVX) closed at $7.60 in the last session, down -0.26% from day before closing price of $7.62. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 2.49 million shares were traded.

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 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:

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 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 63.72 while its Price-to-Book (P/B) ratio in mrq is 6.20.

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 $5.27. The 50-Day Moving Average of the stock is 7.54%, while the 200-Day Moving Average is calculated to be -18.12%.

Shares Statistics:

A total of 191.72M shares are outstanding, with a floating share count of 162.13M. Insiders hold about 15.56% of the company’s shares, while institutions hold 49.28% stake in the company.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.