Currently, there are 190.56M common shares owned by the public and among those 162.23M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -10.28% and -8.23% over the past three months. ENVX shares are trading -22.08% year to date (YTD), with the 12-month market performance down to -13.13% lower. It has a 12-month low price of $5.70 and touched a high of $18.68 over the same period. ENVX has an average intraday trading volume of 6.68 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 -19.56%, -22.77%, and -23.70% respectively.
Institutional ownership of Enovix Corporation (NASDAQ: ENVX) shares accounts for 48.46% of the company’s 190.56M shares outstanding.
It has a market capitalization of $1.62B and a beta (3y monthly) value of 1.94. 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 9.48% over the week and 8.47% over the month.
Earnings per share for the fiscal year are expected to increase by 8.05%, and 19.74% over the next financial year.
The Benchmark Company coverage for the Enovix Corporation (ENVX) stock in a research note released on July 22, 2024 offered a Buy rating with a price target of $25. William Blair was of a view on December 18, 2023 that the stock is Outperform, while TD Cowen gave the stock Market Perform rating on July 21, 2023, issuing a price target of $19- $20. Canaccord Genuity on their part issued Buy rating on January 11, 2023.
