Additionally, the 36-month beta value for ENVX is 1.96. 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 162.98M and currently, short sellers hold a 28.90% ratio of that float. The average trading volume of ENVX on March 31, 2025 was 6.26M shares.
ENVX) stock’s latest price update
Enovix Corporation (NASDAQ: ENVX)’s stock price has decreased by -3.94 compared to its previous closing price of 7.48. However, the company has seen a -18.72% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2025-03-31 that FREMONT, Calif., March 31, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced the completion of its second milestone, triggering a payment for sample battery cells shipped under a development agreement executed in October 2024 with a leading smartphone OEM. The samples were customized to specific requirements of the OEM, including cycle life, fast charge and energy density levels which Enovix believes are superior to any product available on the market today.
ENVX’s Market Performance
Enovix Corporation (ENVX) has experienced a -18.72% fall in stock performance for the past week, with a -19.45% drop in the past month, and a -37.08% drop in the past quarter. The volatility ratio for the week is 6.72%, and the volatility levels for the past 30 days are at 7.49% for ENVX. The simple moving average for the past 20 days is -10.58% for ENVX’s stock, with a -33.87% simple moving average for the past 200 days.
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 -26.92% 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 -61.54% of loss for the given period.
Volatility was left at 7.49%, however, over the last 30 days, the volatility rate increased by 6.72%, as shares sank -11.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.16% lower at present.
During the last 5 trading sessions, ENVX fell by -18.44%, which changed the moving average for the period of 200-days by -41.67% in comparison to the 20-day moving average, which settled at $8.04. In addition, Enovix Corporation saw -33.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ENVX starting from Talluri Rajendra K, who sale 300,000 shares at the price of $9.35 back on Feb 27 ’25. After this action, Talluri Rajendra K now owns 2,045,301 shares of Enovix Corporation, valued at $2,805,000 using the latest closing price.
Talluri Rajendra K, the Officer of Enovix Corporation, proposed sale 300,000 shares at $9.63 during a trade that took place back on Feb 27 ’25, which means that Talluri Rajendra K is holding shares at $2,889,000 based on the most recent closing price.
Stock Fundamentals for ENVX
Current profitability levels for the company are sitting at:
- -13.16 for the present operating margin
- -0.75 for the gross margin
The net margin for Enovix Corporation stands at -11.8. The total capital return value is set at -0.7. Equity return is now at value -88.04, with -40.57 for asset returns.
Based on Enovix Corporation (ENVX), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at -0.62. The debt to equity ratio resting at 1.16. The interest coverage ratio of the stock is -40.75.
Currently, EBITDA for the company is -165.48 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 66.24. The receivables turnover for the company is 10.85for 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 5.49.
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’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.
