Enovix Corporation (NASDAQ: ENVX) on Monday, plunged -8.52% from the previous trading day, before settling in for the closing price of $8.92. Within the past 52 weeks, ENVX’s price has moved between $5.70 and $18.68.
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Industrials Sector giant saw their annual sales surged by 56.28% over the last five years. The company achieved an average annual earnings per share of 8.05%. With a float of $162.23 million, this company’s outstanding shares have now reached $190.56 million.
The firm has a total of 570 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
Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of Enovix Corporation is 15.18%, while institutional ownership is 48.32%. The most recent insider transaction that took place on Feb 27 ’25, was worth 2,805,000. In this transaction President and CEO of this company sold 300,000 shares at a rate of $9.35, taking the stock ownership to the 2,045,301 shares. Before that another transaction happened on Feb 27 ’25, when Company’s Officer proposed sale 300,000 for $9.63, making the entire transaction worth $2,889,000.
Enovix Corporation (ENVX) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.05% per share during the next fiscal year.
Enovix Corporation (NASDAQ: ENVX) Trading Performance Indicators
Enovix Corporation (ENVX) is currently performing well based on its current performance indicators. A quick ratio of 5.35 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 67.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.45, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.54 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 6.6 million was lower than the volume posted last year of 7.09 million. As of the previous 9 days, the stock’s Stochastic %D was 5.03%. Additionally, its Average True Range was 0.91.
During the past 100 days, Enovix Corporation’s (ENVX) raw stochastic average was set at 7.21%, which indicates a significant increase from 3.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.63% in the past 14 days, which was lower than the 91.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.97, while its 200-day Moving Average is $11.11. Now, the first resistance to watch is $8.84. This is followed by the second major resistance level at $9.53. The third major resistance level sits at $9.95. If the price goes on to break the first support level at $7.73, it is likely to go to the next support level at $7.31. Now, if the price goes above the second support level, the third support stands at $6.62.
Enovix Corporation (NASDAQ: ENVX) Key Stats
Market capitalization of the company is 1.56 billion based on 191,274K outstanding shares. Right now, sales total 23,070 K and income totals -222,240 K. The company made 9,720 K in profit during its latest quarter, and -37,470 K in sales during its previous quarter.
