A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -8.15% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 22.08%. Over the past 30 days, the price of ENVX has leaped by -24.74%. And in the last five days, it has fallen by -21.45%.
Enovix Corporation ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $20.87 on 08/03/23, while the lowest value for the same period was recorded at $5.70 on 04/25/24.
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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 -44.90% away from its 52-week high, while its distance from the 52-week low is 101.75%. The stock’s price range during this period has varied between$5.70 and $20.87. The Enovix Corporation’s shares, which operate in the Industrials, saw a trading volume of around 4.44 million for the day, a figure considerably lower than their average daily volume of 6.74 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Enovix Corporation (ENVX) has experienced a quarterly rise of 21.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.96B and boasts a workforce of 561 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 10.81, with a change in price of +2.27. Similarly, Enovix Corporation recorded 5,992,238 in trading volume during the last 100 days, posting a change of +25.17%.
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 1.14. Similarly, the long-term debt-to-equity ratio is also 1.07.
ENVX Stock Stochastic Average
Enovix Corporation’s raw stochastic average for the past 50 days is presently 21.45%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 7.54%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 7.09% and 6.64%, respectively.
