A new trading day began on Friday, with Enovix Corporation (NASDAQ: ENVX) stock price up 0.17% from the previous day of trading, before settling in for the closing price of $11.76. ENVX’s price has ranged from $5.70 to $18.68 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 7.75% over the last five years. Meanwhile, its annual earnings per share averaged 7.47%. With a float of $159.59 million, this company’s outstanding shares have now reached $177.59 million.
The firm has a total of 561 workers. Let’s measure their productivity. In terms of profitability, gross margin is -74.67%, operating margin of -1316.09%, and the pretax margin is -1197.3%.
Enovix Corporation (ENVX) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Enovix Corporation is 15.12%, while institutional ownership is 47.32%. 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 7.47% per share during the next fiscal year.
Enovix Corporation (NASDAQ: ENVX) Trading Performance Indicators
Here are Enovix Corporation’s current performance indicators. According to the last quarter’s results, the 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 107.00.
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)
Analysing the last 5-days average volume posted by the [Enovix Corporation, ENVX], we can find that recorded value of 5.31 million was lower than the volume posted last year of 7.16 million. As of the previous 9 days, the stock’s Stochastic %D was 38.59%. Additionally, its Average True Range was 0.99.
During the past 100 days, Enovix Corporation’s (ENVX) raw stochastic average was set at 48.99%, which indicates a significant increase from 47.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.58% in the past 14 days, which was lower than the 94.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.69, while its 200-day Moving Average is $10.92. Now, the first resistance to watch is $12.09. This is followed by the second major resistance level at $12.40. The third major resistance level sits at $12.86. If the price goes on to break the first support level at $11.33, it is likely to go to the next support level at $10.87. Now, if the price goes above the second support level, the third support stands at $10.56.
Enovix Corporation (NASDAQ: ENVX) Key Stats
With a market capitalization of 2.22 billion, the company has a total of 177,977K Shares Outstanding. Currently, annual sales are 7,640 K while annual income is -214,070 K. The company’s previous quarter sales were 4,320 K while its latest quarter income was -22,540 K.
