Enovix Corporation (NASDAQ: ENVX) kicked off on Friday, up 3.90% from the previous trading day, before settling in for the closing price of $11.02. Over the past 52 weeks, ENVX has traded in a range of $5.70-$18.68.
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During the last 5-year period, the sales growth of Industrials Sector giant was 7.75%. While this was happening, its average annual earnings per share was recorded 7.47%. With a float of $159.88 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 -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
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 15.14%, while institutional ownership is 49.09%. 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
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 104.01.
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 4.96 million, which is a drop from its year-to-date volume of 6.8 million. As of the previous 9 days, the stock’s Stochastic %D was 36.00%. Additionally, its Average True Range was 0.92.
During the past 100 days, Enovix Corporation’s (ENVX) raw stochastic average was set at 45.18%, which indicates a significant increase from 43.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.11% in the past 14 days, which was lower than the 95.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.86, while its 200-day Moving Average is $11.04. However, in the short run, Enovix Corporation’s stock first resistance to watch stands at $11.72. Second resistance stands at $11.99. The third major resistance level sits at $12.44. If the price goes on to break the first support level at $11.01, it is likely to go to the next support level at $10.56. Now, if the price goes above the second support level, the third support stands at $10.29.
Enovix Corporation (NASDAQ: ENVX) Key Stats
The company with the Market Capitalisation of 2.16 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.
