Enovix Corporation (NASDAQ: ENVX) kicked off on Friday, down -1.23% from the previous trading day, before settling in for the closing price of $11.42. Over the past 52 weeks, ENVX has traded in a range of $5.70-$18.68.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 7.75%. While this was happening, its average annual earnings per share was recorded 7.33%. With a float of $159.66 million, this company’s outstanding shares have now reached $177.59 million.
Considering the fact that the conglomerate employs 561 people, you should pay attention to its efficiency factor. 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
Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Enovix Corporation is 15.25%, 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
Take a look at Enovix Corporation’s (ENVX) current performance indicators. Last quarter, stock had a quick ratio of 3.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 101.21.
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)
Compared to the last year’s volume of 5.63 million, its volume of 7.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 95.05%. Additionally, its Average True Range was 0.85.
During the past 100 days, Enovix Corporation’s (ENVX) raw stochastic average was set at 67.35%, which indicates a significant decrease from 95.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.32% in the past 14 days, which was higher than the 93.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.64, while its 200-day Moving Average is $10.35. Nevertheless, the first resistance level for the watch stands at $11.48 in the near term. At $11.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.02. If the price goes on to break the first support level at $10.94, it is likely to go to the next support level at $10.61. Now, if the price goes above the second support level, the third support stands at $10.40.
Enovix Corporation (NASDAQ: ENVX) Key Stats
The company with the Market Capitalisation of 2.10 billion has total of 177,977K Shares Outstanding. Its annual sales at the moment are 7,640 K in contrast with the sum of -214,070 K annual income. Company’s last quarter sales were recorded 4,320 K and last quarter income was -22,540 K.
