Enovix Corporation (NASDAQ: ENVX) started the day on Wednesday, with a price increase of 1.82% at $10.07, before settling in for the price of $9.89 at the close. Taking a more long-term approach, ENVX posted a 52-week range of $5.70-$18.68.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
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 7.33%. This publicly-traded company’s shares outstanding now amounts to $177.59 million, simultaneously with a float of $157.57 million. The organization now has a market capitalization sitting at $1.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.12, while the 200-day Moving Average is $10.35.
Enovix Corporation (ENVX) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Electrical Equipment & Parts Industry. Enovix Corporation’s current insider ownership accounts for 16.36%, in contrast to 46.52% institutional ownership. According to the most recent insider trade that took place on Dec 03 ’24, this organization’s Director sold 75,000 shares at the rate of 9.73, making the entire transaction reach 729,750 in total value, affecting insider ownership by 99,497.
Enovix Corporation (ENVX) Earnings and Revenue Records
Enovix Corporation’s EPS increase for this current 12-month fiscal period is 7.33% and is forecasted to reach -0.63 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 3.61. The Stock has managed to achieve an average true range (ATR) of 0.72. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 91.47.
In the same vein, ENVX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.62, a figure that is expected to reach -0.19 in the next quarter, and analysts are predicting that it will be -0.63 at the market close of one year from today.
Technical Analysis of Enovix Corporation (ENVX)
If we take a close look at the recent performances of Enovix Corporation (NASDAQ: ENVX), its last 5-days Average volume was 5.07 million that shows plunge from its year to date volume of 5.59 million. During the previous 9 days, stock’s Stochastic %D was recorded 57.81% While, its Average True Range was 0.69.
Raw Stochastic average of Enovix Corporation (ENVX) in the period of the previous 100 days is set at 24.07%, which indicates a major fall in contrast to 61.99% 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 53.57% that was lower than 92.81% volatility it exhibited in the past 100-days period.
