Enovis Corp (ENOV) concluded trading on Wednesday at a closing price of $48.45, with 0.48 million shares of worth about $23.05 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.67% during that period and on November 27, 2024 the price saw a gain of about 1.49%. Currently the company’s common shares owned by public are about 55.88M shares, out of which, 55.17M shares are available for trading.
Stock saw a price change of 8.20% in past 5 days and over the past one month there was a price change of 19.60%. Year-to-date (YTD), ENOV shares are showing a performance of -13.51% which decreased to -2.65% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $38.27 but also hit the highest price of $65.03 during that period. The average intraday trading volume for Enovis Corp shares is 655.80K. The stock is currently trading 5.70% above its 20-day simple moving average (SMA20), while that difference is up 12.66% for SMA50 and it goes to -1.24% lower than SMA200.
Enovis Corp (NYSE: ENOV) currently have 55.88M outstanding shares and institutions hold larger chunk of about 108.94% of that.
The stock has a current market capitalization of $2.71B and its 3Y-monthly beta is at 1.77. It has posted earnings per share of -$2.17 in the same period. It has Quick Ratio of 1.12 while making debt-to-equity ratio of 0.42. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ENOV, volatility over the week remained 2.87% while standing at 3.58% over the month.
Stock’s fiscal year EPS is expected to rise by 15.87% while it is estimated to increase by 13.73% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JMP Securities on October 03, 2024 offering a Mkt outperform rating for the stock and assigned a target price of $62 to it. Coverage by JP Morgan stated Enovis Corp (ENOV) stock as a Neutral in their note to investors on June 13, 2024, suggesting a price target of $53 for the stock. On February 13, 2024, Stephens Initiated their recommendations, while on January 22, 2024, UBS Initiated their ratings for the stock with a price target of $75. Stock get an Outperform rating from William Blair on January 03, 2024.
