After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Enovix Corporation (ENVX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.11%, to $8.88. The Enovix Corporation has recorded 84,316 volume in the after hours trading session.
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Stocks Info
The company is listed on the NASDAQ and operates within the Electrical Equipment & Parts industry segment. At the end of the last regular session, the stock closed at $8.87 and fluctuated between $9.40 as its day high and $8.75 as its day low. The current market capitalization of Enovix Corporation is $1.46B. A total of 3.69 million shares were traded on the day, compared to an average of 4.16M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ENVX has seen 1 BUY and 9 SELL insider trades, representing the acquisition of 2,000,000 and the disposition of 153,324 shares. Over the last 12 months, there were 36 BUYs and 51 SELLs from insiders. Insiders purchased 4,311,732 shares during that period but sold 5,579,305.
In the most recent transaction, ATKINS BETSY S sold 1,481 shares of ENVX for 8.31 per share on Feb 13. After the transaction, the Director now owns 197,561 company shares. In a previous transaction on Jan 03, Lahiri Ashok sold 2,000 shares at 12.81 per share. ENVX shares that Chief Technology Officer owns now total 1,358,265.
Among the insiders who sold shares, Lahiri Ashok disposed of 2,000 shares on Dec 01 at a per-share price of $12.88. This resulted in the Chief Technology Officer holding 1,360,265 shares of ENVX after the transaction. In another insider transaction, Dales Gardner Cameron sold 30,000 shares at $18.55 per share on Nov 01. Company shares held by the Chief Commercial Officer now total 899,565.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ENVX in the last 3 months, the mean price target is $28.50 with high estimates of $100.00 and low estimates of $15.00. In terms of 52-week highs and lows, ENVX has a high of $26.30 and a low of $6.50.
As of this writing, ENVX has an earnings estimate of -$0.16 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.14 per share and a lower estimate of -$0.19. The company reported an EPS of -$0.13 in the last quarter, which was 27.80% higher than expectations of -$0.18.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 12 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ENVX is Hold with a score of 5.00. A total of 12 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
