As on Thursday, Enovix Corporation (NASDAQ: ENVX) started slowly as it slid -9.35% to $6.01, before settling in for the price of $6.63 at the close. Taking a more long-term approach, ENVX posted a 52-week range of $6.61-$23.90.
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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 7.75%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -14.94%. This publicly-traded company’s shares outstanding now amounts to $167.39 million, simultaneously with a float of $138.19 million. The organization now has a market capitalization sitting at $1.01 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.87, while the 200-day Moving Average is $12.12.
Enovix Corporation (ENVX) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Electrical Equipment & Parts industry. Enovix Corporation’s current insider ownership accounts for 17.99%, in contrast to 50.90% institutional ownership. According to the most recent insider trade that took place on Apr 14 ’24, this organization’s Chief Operating Officer sold 4,954 shares at the rate of 7.31, making the entire transaction reach 36,214 in total value, affecting insider ownership by 978,913. Preceding that transaction, on Aug 24 ’23, Company’s President and CEO bought 1,434 for 13.94, making the whole transaction’s value amount to 19,990. This particular insider is now the holder of 2,018,901 in total.
Enovix Corporation (ENVX) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.24 per share during the current fiscal year.
Enovix Corporation’s EPS decrease for this current 12-month fiscal period is -14.94% and is forecasted to reach -0.82 in the upcoming year.
Enovix Corporation (NASDAQ: ENVX) Trading Performance Indicators
Let’s observe the current performance indicators for Enovix Corporation (ENVX). It’s Quick Ratio in the last reported quarter now stands at 5.15. The Stock has managed to achieve an average true range (ATR) of 0.55. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 132.55.
In the same vein, ENVX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.55, a figure that is expected to reach -0.31 in the next quarter, and analysts are predicting that it will be -0.82 at the market close of one year from today.
Technical Analysis of Enovix Corporation (ENVX)
Through scrutinizing the latest numbers posted by the [Enovix Corporation, ENVX], it can be observed that its last 5-days Average volume of 6.76 million was better the volume of 4.46 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 8.22% While, its Average True Range was 0.54.
Raw Stochastic average of Enovix Corporation (ENVX) in the period of the previous 100 days is set at 1.63%, which indicates a major fall in contrast to 6.17% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 65.10% that was lower than 72.97% volatility it exhibited in the past 100-days period.
