Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Enovix Corporation’s stock clocked out at $5.98, up 1.01% from its previous closing price of $5.92. In other words, the price has increased by $1.01 from its previous closing price. On the day, 5.6 million shares were traded. ENVX stock price reached its highest trading level at $6.08 during the session, while it also had its lowest trading level at $5.699.
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:
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 1143818496 and an Enterprise Value of 1068820544. For the stock, the TTM Price-to-Sale (P/S) ratio is 49.58 while its Price-to-Book (P/B) ratio in mrq is 4.62. Its current Enterprise Value per Revenue stands at 46.321 whereas that against EBITDA is -6.856.
Stock Price History:
The Beta on a monthly basis for ENVX is 2.03, which has changed by -0.107462704 over the last 52 weeks, in comparison to a change of 0.059571505 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 -32.79%, while the 200-Day Moving Average is calculated to be -43.47%.
Shares Statistics:
It appears that ENVX traded 6.06M shares on average per day over the past three months and 7835050 shares per day over the past ten days. A total of 190.56M shares are outstanding, with a floating share count of 162.23M. Insiders hold about 15.20% of the company’s shares, while institutions hold 48.40% stake in the company. Shares short for ENVX as of 1743379200 were 46524876 with a Short Ratio of 7.67, compared to 1740700800 on 43715841. Therefore, it implies a Short% of Shares Outstanding of 46524876 and a Short% of Float of 27.6.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
