Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Enovix Corporation (NASDAQ: ENVX) closed at $6.35 up 3.42% from its previous closing price of $6.14. In other words, the price has increased by $3.42 from its previous closing price. On the day, 4.88 million shares were traded. ENVX stock price reached its highest trading level at $6.6372 during the session, while it also had its lowest trading level at $6.2001.
Ratios:
For a deeper understanding of Enovix Corporation’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1219225344 and an Enterprise Value of 1168610560. For the stock, the TTM Price-to-Sale (P/S) ratio is 53.23 while its Price-to-Book (P/B) ratio in mrq is 5.18. Its current Enterprise Value per Revenue stands at 51.031 whereas that against EBITDA is -7.963.
Stock Price History:
The Beta on a monthly basis for ENVX is 1.98, which has changed by -0.35071576 over the last 52 weeks, in comparison to a change of 0.09765589 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 -15.05%, while the 200-Day Moving Average is calculated to be -35.68%.
Shares Statistics:
For the past three months, ENVX has traded an average of 5.83M shares per day and 5168040 over the past ten days. A total of 191.72M shares are outstanding, with a floating share count of 162.10M. Insiders hold about 15.56% of the company’s shares, while institutions hold 48.43% stake in the company. Shares short for ENVX as of 1744675200 were 47537147 with a Short Ratio of 8.16, compared to 1741910400 on 47093482. Therefore, it implies a Short% of Shares Outstanding of 47537147 and a Short% of Float of 33.21.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
