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The closing price of Enovix Corporation (NASDAQ: ENVX) was $8.07 for the day, down -2.77% from the previous closing price of $8.30. In other words, the price has decreased by -$2.77 from its previous closing price. On the day, 3.56 million shares were traded.
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 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:
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 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 67.66 while its Price-to-Book (P/B) ratio in mrq is 6.58.
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 13.91%, while the 200-Day Moving Average is calculated to be -13.31%.
Shares Statistics:
A total of 191.72M shares are outstanding, with a floating share count of 162.12M. Insiders hold about 15.56% of the company’s shares, while institutions hold 49.28% stake in the company.
