8.06% volatility in Enovix Corporation (ENVX) last month: This is a red flag warning

Zack King

Enovix Corporation (NASDAQ: ENVX) kicked off on Friday, up 5.92% from the previous trading day, before settling in for the closing price of $9.03. Over the past 52 weeks, ENVX has traded in a range of $5.27-$16.49.

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 18.93%. With a float of $184.33 million, this company’s outstanding shares have now reached $215.37 million.

Enovix Corporation (ENVX) Insider Updates

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 14.59%, while institutional ownership is 46.19%. The most recent insider transaction that took place on Oct 08 ’25, was worth 241,982. In this transaction Chief Operating Officer of this company sold 18,614 shares at a rate of $13.00, taking the stock ownership to the 1,002,684 shares. Before that another transaction happened on Oct 07 ’25, when Company’s Officer proposed sale 120,000 for $12.96, making the entire transaction worth $1,555,200.

Enovix Corporation (ENVX) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -0.11 earnings per share (EPS), higher than consensus estimate (set at -0.18) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 18.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.38% during the next five years compared to 2.05% growth over the previous five years of trading.

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 9.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 68.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.81, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.57 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 12.12 million. That was better than the volume of 6.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.47%.

During the past 100 days, Enovix Corporation’s (ENVX) raw stochastic average was set at 21.22%, which indicates a significant decrease from 24.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.75 in the past 14 days, which was lower than the 0.79 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.80, while its 200-day Moving Average is $9.83. However, in the short run, Enovix Corporation’s stock first resistance to watch stands at $9.97. Second resistance stands at $10.37. The third major resistance level sits at $11.02. If the price goes on to break the first support level at $8.92, it is likely to go to the next support level at $8.27. Assuming the price breaks the second support level, the third support level stands at $7.87.

Enovix Corporation (NASDAQ: ENVX) Key Stats

The company with the Market Capitalisation of 2.06 billion has total of 215,816K 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 7,470 K and last quarter income was -44,530 K.

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