In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Enovix Corporation (NASDAQ: ENVX) closed at $8.16 down -8.52% from its previous closing price of $8.92. In other words, the price has decreased by -$8.52 from its previous closing price. On the day, 7.88 million shares were traded.
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 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:
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 67.65 while its Price-to-Book (P/B) ratio in mrq is 6.30.
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 -25.62%, while the 200-Day Moving Average is calculated to be -26.54%.
Shares Statistics:
A total of 190.56M shares are outstanding, with a floating share count of 162.23M. Insiders hold about 15.18% of the company’s shares, while institutions hold 48.32% stake in the company.
