Enovix Corporation (NASDAQ:ENVX) shares, rose in value, with the stock price down by -3.06% to the previous day’s close as strong demand from buyers drove the stock to $8.24.
Actively observing the price movement in the recent trading, the stock is buoying the session at $8.50, falling within a range of $8.11 and $8.67. The value of beta (5-year monthly) is 1.992. Referring to stock’s 52-week performance, its high was $18.68, and the low was $5.27. On the whole, ENVX has fluctuated by 4.83% over the past month.
With the market capitalization of Enovix Corporation currently standing at about $1.58 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-30.
The stock’s technical analysis shows that the price of ENVX currently trading nearly 0.09% and 12.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.39, while the 7-day volatility ratio is showing 5.93% which for the 30-day chart, stands at 4.27%. Furthermore, Enovix Corporation (ENVX)’s beta value is 1.99, and its average true range (ATR) is 0.53.
A comparison of Enovix Corporation (ENVX) with its peers suggests the former has fared considerably weaker in the market. ENVX showed an intraday change of -3.06% in today’s session so far, and over the past year, it shrunk by -32.51%%.
Data on historical trading for Enovix Corporation (NASDAQ:ENVX) indicates that the trading volumes over the past 10 days have averaged 3.88 and over the past 3 months, they’ve averaged 4.74 million. According to company’s latest data on outstanding shares, there are 191.72 million shares outstanding.
Nearly 15.56% of Enovix Corporation’s shares belong to company insiders and institutional investors own 49.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 45.83 million shares as on 2025-05-30, resulting in a short ratio of 9.91. According to the data, the short interest in Enovix Corporation (ENVX) stood at 3201.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 46.67 million. The stock has fallen by -24.20% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ENVX stock heading into the next quarter.
