The stock of Enovix Corporation (NASDAQ: ENVX) has decreased by -6.02 when compared to last closing price of 6.31. Despite this, the company has experienced a -19.21% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2025-04-07 that The latest tariffs imposed by the US are likely to have a minimal impact on Enovix, in my opinion. Enovix’s pioneer status could help its pricing power, even with the tariffs. Enovix’s acquisition of SolarEdge’s facility in South Korea will help boost its position in the drone industry, considering the capabilities of Routejade’s batteries.
Is It Worth Investing in Enovix Corporation (NASDAQ: ENVX) Right Now?
Company’s 36-month beta value is 1.94.Analysts have differing 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 162.20M, and currently, short sellers hold a 29.03% ratio of that floaft. The average trading volume of ENVX on April 07, 2025 was 6.34M shares.
ENVX’s Market Performance
The stock of Enovix Corporation (ENVX) has seen a -19.21% decrease in the past week, with a -31.13% drop in the past month, and a -53.16% fall in the past quarter. The volatility ratio for the week is 9.77%, and the volatility levels for the past 30 days are at 7.72% for ENVX. The simple moving average for the last 20 days is -22.47% for ENVX stock, with a simple moving average of -44.68% for the last 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 -36.59% 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 -68.25% of loss for the given period.
Volatility was left at 7.72%, however, over the last 30 days, the volatility rate increased by 9.77%, as shares sank -20.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.63% lower at present.
During the last 5 trading sessions, ENVX fell by -15.46%, which changed the moving average for the period of 200-days by -50.20% in comparison to the 20-day moving average, which settled at $7.66. In addition, Enovix Corporation saw -45.45% 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 54.3. 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 a nutshell, Enovix Corporation (ENVX) has experienced a bad performance in recent times. The stock has received mixed “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.
