The price of Enovix Corporation (NASDAQ:ENVX) shares last traded on Wall Street rose 3.15% to $13.44.
ENVX stock price is now 62.42% away from the 50-day moving average and 45.04% away from the 200-day moving average. The market capitalization of the company currently stands at $2.58B.
With the price target enhanced from $7 to $15, TD Cowen maintained Hold rating for Enovix Corporation (NASDAQ: ENVX). , while ‘The Benchmark Company’ rates the stock as ‘Buy’
In other news, Reichow Gregory, Director sold 8,129 shares of the company’s stock on May 02 ’25. The stock was sold for $53,408 at an average price of $6.57. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 27 ’25, President and CEO Talluri Rajendra K sold 300,000 shares of the business’s stock. A total of $2,805,000 was realized by selling the stock at an average price of $9.35. This leaves the insider owning 2,045,301 shares of the company worth $27.49 million. A total of 15.62% of the company’s stock is owned by insiders.
During the past 12 months, Enovix Corporation has had a low of $5.27 and a high of $18.68. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 4.68, and a quick ratio of 4.49. The fifty day moving average price for ENVX is $8.2746 and a two-hundred day moving average price translates $9.2664 for the stock.
The latest earnings results from Enovix Corporation (NASDAQ: ENVX) was released for 2025-03-30. The net profit margin was -476.34% and return on equity was -85.86% for ENVX. The company reported revenue of $5.1 million for the quarter, compared to $5.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.3 percent.
