Enovix Corporation (NASDAQ: ENVX) kicked off on Monday, up 4.12% from the previous trading day, before settling in for the closing price of $14.07. Over the past 52 weeks, ENVX has traded in a range of $5.27-$18.68.
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A company in the Industrials sector has jumped its sales by 2.05% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 9.18%. With a float of $164.05 million, this company’s outstanding shares have now reached $192.00 million.
In an organization with 570 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 14.56%, while institutional ownership is 49.20%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 9.18% 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 105.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.85, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.60 in one year’s time.
Technical Analysis of Enovix Corporation (ENVX)
Let’s dig in a bit further. During the last 5-days, its volume was 10.17 million. That was better than the volume of 6.05 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 93.25%.
During the past 100 days, Enovix Corporation’s (ENVX) raw stochastic average was set at 98.07%, which indicates a significant increase from 97.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.96 in the past 14 days, which was higher than the 0.62 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.86, while its 200-day Moving Average is $9.38. However, in the short run, Enovix Corporation’s stock first resistance to watch stands at $15.03. Second resistance stands at $15.41. The third major resistance level sits at $15.99. If the price goes on to break the first support level at $14.07, it is likely to go to the next support level at $13.49. The third support level lies at $13.11 if the price breaches the second support level.
Enovix Corporation (NASDAQ: ENVX) Key Stats
The company with the Market Capitalisation of 2.81 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.