Enovix Corporation (ENVX) current stock price is $14.43. During the last trading session, the stock soared, reaching $100.0 after opening at $14.43. The stock’s lowest point was $7.0 before it closed at $15.54.
Enovix Corporation’s stock market performance has been consistent.
52-week price history of ENVX Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Enovix Corporation’s current trading price is -12.49% away from its 52-week high, while its distance from the 52-week low is 173.81%. The stock’s price range for this period has remained between $5.27 and $16.49. The Industrials sector company’s shares managed to surpass a trading volume of around 11.78 million for the day, which was noticeably higher compared to the shares’ average daily volume of 6.05 million over the last three months.
Financial Performance and Market Capitalization
Enovix Corporation (ENVX) has experienced a quarterly rise of 134.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.77B and boasts a workforce of 570 employees.
Analysts’ Ratings For Enovix Corporation
As of right now, 9 analysts are rating Enovix Corporation as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.50, with a change in price of +4.99. Similarly, Enovix Corporation recorded 5,959,548 in trading volume during the last 100 days, posting a change of +52.86%.
ENVX Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ENVX stands at 0.82. Similarly, the long-term debt-to-equity ratio is also 0.77.
ENVX Stock Stochastic Average
As of today, the raw stochastic average of Enovix Corporation over the last 50 days is at 79.96%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 76.18%. Further, the company’s Stochastic %K and %D values for the last 20 days were 87.21% and 88.61%, respectively.
ENVX Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded a decrease of -16.93%. However, over the last six months, the performance has been weaker by 31.78%. The price of ENVX increased 69.76% over the last 30 days. And in the last five days, it has fallen by -1.50%.
