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 $8.84 up 4.62% from its previous closing price of $8.45. In other words, the price has increased by $4.62 from its previous closing price. On the day, 4.52 million shares were traded. ENVX stock price reached its highest trading level at $9.07 during the session, while it also had its lowest trading level at $8.58.
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:
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 1690862208 and an Enterprise Value of 1615863680. For the stock, the TTM Price-to-Sale (P/S) ratio is 73.29 while its Price-to-Book (P/B) ratio in mrq is 6.83. Its current Enterprise Value per Revenue stands at 70.03 whereas that against EBITDA is -10.365.
Stock Price History:
The Beta on a monthly basis for ENVX is 1.91, which has changed by 0.15858448 over the last 52 weeks, in comparison to a change of 0.10838497 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 $5.70. The 50-Day Moving Average of the stock is -12.77%, while the 200-Day Moving Average is calculated to be -19.24%.
Shares Statistics:
For the past three months, ENVX has traded an average of 6.38M shares per day and 4648950 over the past ten days. A total of 190.56M shares are outstanding, with a floating share count of 162.97M. Insiders hold about 14.80% of the company’s shares, while institutions hold 48.43% stake in the company. Shares short for ENVX as of 1740700800 were 43715841 with a Short Ratio of 6.86, compared to 1738281600 on 45289140. Therefore, it implies a Short% of Shares Outstanding of 43715841 and a Short% of Float of 25.929999999999996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
