The stock of Enovix Corporation (ENVX) has seen a -1.25% decrease in the past week, with a 24.88% gain in the past month, and a -6.38% decrease in the past quarter. The volatility ratio for the week is 4.23%, and the volatility levels for the past 30 days are at 4.61% for ENVX. The simple moving average for the last 20 days is 5.01% for ENVX’s stock, with a simple moving average of -14.46% for the last 200 days.
Is It Worth Investing in Enovix Corporation (NASDAQ: ENVX) Right Now?
Moreover, the 36-month beta value for ENVX is 1.99. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ENVX is 162.13M and currently, short sellers hold a 27.99% of that float. On June 04, 2025, ENVX’s average trading volume was 5.07M shares.
ENVX) stock’s latest price update
The stock of Enovix Corporation (NASDAQ: ENVX) has increased by 4.34 when compared to last closing price of 7.60.Despite this, the company has seen a loss of -1.25% in its stock price over the last five trading days. seekingalpha.com reported 2025-05-01 that Advanced lithium-ion battery manufacturer Enovix reported Q1/2025 results slightly ahead of muted expectations. While the company continues to invest in its Malaysian manufacturing operations, cash burn has decreased substantially in recent quarters. According to management, the ramp-up of the company’s manufacturing facility in Malaysia and commercialization efforts for its first generation EX-1M batteries are going to plan.
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 12.38% 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 -57.55% 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 66.59. 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
To wrap up, the performance of Enovix Corporation (ENVX) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
