On Monday, Enovix Corporation (NASDAQ: ENVX) was 2.88% up from the session before settling in for the closing price of $9.73. A 52-week range for ENVX has been $5.70 – $18.68.
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During the last 5-year period, the sales growth of Industrials Sector giant was 7.75%. When this article was written, the company’s average yearly earnings per share was at 7.33%. With a float of $159.64 million, this company’s outstanding shares have now reached $177.59 million.
Let’s determine the extent of company efficiency that accounts for 561 employees. In terms of profitability, gross margin is -189.23%, operating margin of -1648.79%, and the pretax margin is -1468.25%.
Enovix Corporation (ENVX) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Enovix Corporation stocks. The insider ownership of Enovix Corporation is 15.26%, while institutional ownership is 46.52%. The most recent insider transaction that took place on Dec 03 ’24, was worth 729,750. In this transaction Director of this company sold 75,000 shares at a rate of $9.73, taking the stock ownership to the 99,497 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Director proposed sale 75,000 for $9.67, making the entire transaction worth $725,000.
Enovix Corporation (ENVX) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.33% per share during the next fiscal year.
Enovix Corporation (NASDAQ: ENVX) Trading Performance Indicators
You can see what Enovix Corporation (ENVX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 90.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.62, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.63 in one year’s time.
Technical Analysis of Enovix Corporation (ENVX)
Looking closely at Enovix Corporation (NASDAQ: ENVX), its last 5-days average volume was 7.49 million, which is a jump from its year-to-date volume of 5.64 million. As of the previous 9 days, the stock’s Stochastic %D was 64.86%. Additionally, its Average True Range was 0.82.
During the past 100 days, Enovix Corporation’s (ENVX) raw stochastic average was set at 45.64%, which indicates a significant decrease from 86.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.12% in the past 14 days, which was higher than the 92.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.70, while its 200-day Moving Average is $10.31. However, in the short run, Enovix Corporation’s stock first resistance to watch stands at $10.31. Second resistance stands at $10.62. The third major resistance level sits at $10.97. If the price goes on to break the first support level at $9.65, it is likely to go to the next support level at $9.30. Now, if the price goes above the second support level, the third support stands at $8.99.
Enovix Corporation (NASDAQ: ENVX) Key Stats
There are 177,977K outstanding shares of the company, which has a market capitalization of 1.89 billion. As of now, sales total 7,640 K while income totals -214,070 K. Its latest quarter income was 4,320 K while its last quarter net income were -22,540 K.
