The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -2.49%.However, over the last six months, we can see a stronger performance of -5.97%. Over the last 30 days, the price of ENVX has leaped by -8.42%. And in the last five days, it has fallen by -2.02%.
At present, Enovix Corporation (ENVX) has a stock price of $12.13. In the previous session, the stock saw a rise, peaking at $12.48 after an opening price of $12.00. The day’s lowest price was $11.88, and it closed at $12.09.
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Enovix Corporation experienced a rather steady stock market performance. The highest value in the past year was recorded at $26.30 on 09/15/22 and the lowest value was $6.50 on 01/04/23.
52-week price history of ENVX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Enovix Corporation’s current trading price is -53.88% away from its 52-week high, while its distance from the 52-week low is 86.62%. The stock’s price range during this period has varied between$6.50 and $26.30. The Enovix Corporation’s shares, which operate in the Industrials, saw a trading volume of around 3.5 million for the day, a figure considerably lower than their average daily volume of 5.86 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Enovix Corporation (ENVX) has experienced a quarterly rise of 46.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.99B and boasts a workforce of 335 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.62, with a change in price of +1.17. Similarly, Enovix Corporation recorded 5,463,775 in trading volume during the last 100 days, posting a change of +10.68%.
ENVX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ENVX stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ENVX Stock Stochastic Average
Enovix Corporation’s raw stochastic average for the past 50 days is presently 47.82%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 67.77%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 64.09% and 65.00%, respectively.
