Enovix Corporation’s (ENVX) Stock: A 3.41% Simple Moving Average for the Past 20 Days

The stock of Enovix Corporation (ENVX) has gone down by -3.23% for the week, with a 10.77% rise in the past month and a -3.02% drop in the past quarter. The volatility ratio for the week is 2.39%, and the volatility levels for the past 30 days are 3.90% for ENVX. The simple moving average for the past 20 days is 3.41% for ENVX’s stock, with a -6.49% simple moving average for the past 200 days.

Is It Worth Investing in Enovix Corporation (NASDAQ: ENVX) Right Now?

Additionally, the 36-month beta value for ENVX is 1.99. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”

The public float for ENVX is 162.00M and currently, short sellers hold a 28.29% ratio of that float. The average trading volume of ENVX on June 24, 2025 was 4.76M shares.

ENVX) stock’s latest price update

Enovix Corporation (NASDAQ: ENVX)’s stock price has plunge by 1433590relation to previous closing price of 8.11. Nevertheless, the company has seen a -3.23% plunge in its stock price over the last five trading sessions. marketbeat.com reported 2025-06-12 that Chasing momentum trends is risky business for investors. By the time many retail investors are aware of building momentum for a particular stock, it may be too late to fully capitalize on future gains.

Analysts’ Opinion of ENVX

The Benchmark Company, on the other hand, stated in their research note that they expect to see ENVX reach a price target of $25. The rating they have provided for ENVX stocks is “Buy” according to the report published on July 22nd, 2024.

ENVX Trading at 15.70% from the 50-Day Moving Average

After a stumble in the market that brought ENVX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.10% of loss for the given period.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ENVX starting from Reichow Gregory, who sale 8,129 shares at the price of $6.57 back on May 02 ’25. After this action, Reichow Gregory now owns 0 shares of Enovix Corporation, valued at $53,408 using the latest closing price.

Talluri Rajendra K, the President and CEO of Enovix Corporation, sale 300,000 shares at $9.35 during a trade that took place back on Feb 27 ’25, which means that Talluri Rajendra K is holding 2,045,301 shares at $2,805,000 based on the most recent closing price.

Stock Fundamentals for ENVX

Current profitability levels for the company are sitting at:

  • -9.39 for the present operating margin
  • 0.0 for the gross margin

The net margin for Enovix Corporation stands at -8.71. The total capital return value is set at -0.49. Equity return is now at value -85.86, with -39.56 for asset returns.

Based on Enovix Corporation (ENVX), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at -0.47. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is -31.43.

Currently, EBITDA for the company is -174.26 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 71.41. The receivables turnover for the company is 5.52for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.68.

Conclusion

In conclusion, Enovix Corporation (ENVX) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Most Popular

Related Posts

favicon-nh
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.