Enovix Corporation saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $18.68 on 07/16/24, while the lowest price for the same duration was marked at $5.27 on 04/08/25.
52-week price history of ENVX Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Enovix Corporation’s current trading price is -30.04% away from its 52-week high, while its distance from the 52-week low is 147.99%. The stock’s price range during the 52-week period has remained between $5.27 and $18.68. In the Industrials sector, the company’s shares saw a trading volume of around 12.27 million for the day, which was evidently higher than the average daily volume of 5.15 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Enovix Corporation (ENVX) has experienced a quarterly rise of 97.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.51B and boasts a workforce of 570 employees.
Making Sense of Trading Volume and Moving Average Data
Examining ENVX’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -7.90%.However, over the last six months, we can see a weaker performance of 20.23%. Over the last 30 days, the price of ENVX has fallen by 54.67%. And in the last five days, it has surged by 32.15%.