Enovix Corporation (NASDAQ: ENVX) kicked off on Friday, down -6.08% from the previous trading day, before settling in for the closing price of $10.53. Over the past 52 weeks, ENVX has traded in a range of $5.27-$18.68.
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During the last 5-year period, the sales growth of Industrials Sector giant was 2.05%. While this was happening, its average annual earnings per share was recorded 2.74%. With a float of $162.02 million, this company’s outstanding shares have now reached $191.72 million.
Let’s determine the extent of company efficiency that accounts for 570 employees. In terms of profitability, gross margin is 0.07%, operating margin of -939.27%, and the pretax margin is -877.6%.
Enovix Corporation (ENVX) Insider Activity
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 15.62%, while institutional ownership is 49.21%. The most recent insider transaction that took place on May 02 ’25, was worth 53,408. In this transaction Director of this company sold 8,129 shares at a rate of $6.57, taking the stock ownership to the 0 shares. Before that another transaction happened on Feb 27 ’25, when Company’s President and CEO sold 300,000 for $9.35, making the entire transaction worth $2,805,000. This insider now owns 2,045,301 shares in total.
Enovix Corporation (ENVX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 2.74% 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 4.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 82.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.29, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.65 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 6.71 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 82.11%.
During the past 100 days, Enovix Corporation’s (ENVX) raw stochastic average was set at 63.07%, which indicates a significant decrease from 74.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.30% in the past 14 days, which was higher than the 87.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.63, while its 200-day Moving Average is $9.20. However, in the short run, Enovix Corporation’s stock first resistance to watch stands at $10.39. Second resistance stands at $10.89. The third major resistance level sits at $11.25. If the price goes on to break the first support level at $9.53, it is likely to go to the next support level at $9.17. Should the price break the second support level, the third support level stands at $8.67.
Enovix Corporation (NASDAQ: ENVX) Key Stats
The company with the Market Capitalisation of 1.90 billion has total of 192,004K Shares Outstanding. Its annual sales at the moment are 23,070 K in contrast with the sum of -222,240 K annual income. Company’s last quarter sales were recorded 5,100 K and last quarter income was -23,510 K.
