Currently, there are 157.46M common shares owned by the public and among those 137.44M shares have been available to trade.
Insiders at the company have transacted a total of 70 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 31 of these insider trades were purchases, accounting for 1,254,527 shares. Insider sales of the common stock occurred on 39 occasions, with total insider shares sold totaling 251,708 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
However, the script later moved the day high at 12.48, down -3.76%. The company’s stock has a 5-day price change of -2.24% and 3.61% over the past three months. ENVX shares are trading -5.91% year to date (YTD), with the 12-month market performance up to 34.32% higher. It has a 12-month low price of $7.95 and touched a high of $23.90 over the same period. ENVX has an average intraday trading volume of 3.94 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 13.57%, 2.49%, and -10.95% respectively.
Institutional ownership of Enovix Corporation (NASDAQ: ENVX) shares accounts for 51.39% of the company’s 157.46M shares outstanding.
It has a market capitalization of $1.98B and a beta (3y monthly) value of 1.75. The earnings-per-share (ttm) stands at -$1.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.43% over the week and 6.61% over the month.
Analysts forecast that Enovix Corporation (ENVX) will achieve an EPS of -$0.27 for the current quarter, -$0.24 for the next quarter and -$0.89 for 2024. The lowest estimate earnings-per-share for the quarter is -$0.34 while analysts give the company a high EPS estimate of -$0.21. Comparatively, EPS for the current quarter was -$0.19 a year ago. Earnings per share for the fiscal year are expected to decrease by -5.62%, and 19.15% over the next financial year.
TD Cowen coverage for the Enovix Corporation (ENVX) stock in a research note released on July 21, 2023 offered a Market Perform rating with a price target of $20. Canaccord Genuity was of a view on January 11, 2023 that the stock is Buy, while B. Riley Securities gave the stock Buy rating on December 02, 2022, issuing a price target of $19. Janney on their part issued Buy rating on November 04, 2022.
