After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 $0.11, or 0.84%, to $13.13. The Enovix Corporation has recorded 39,968 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Enovix to Participate in Upcoming Investor Conferences.
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Stocks Info
This NASDAQ-listed company operates within the Electrical Equipment & Parts industry segment, falling under the Industrials sector. At the end of the last regular session, the stock closed at $13.02 and fluctuated between $13.59 as its day high and $12.99 as its day low. The current market capitalization of Enovix Corporation is $1.92B. A total of 4.11 million shares were traded on the day, compared to an average of 5.79M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, ENVX has seen 13 BUY and 10 SELL insider trades, representing the acquisition of 729,633 and the disposition of 18,785 shares. Over the last 12 months, there were 41 BUYs and 64 SELLs from insiders. Insiders purchased 5,010,460 shares during that period but sold 5,608,689.
In the most recent transaction, Talluri Rajendra K bought 5,000 shares of ENVX for 10.10 per share on Apr 27. After the transaction, the President and CEO now owns 2,010,000 company shares. In a previous transaction on Apr 24, ATKINS BETSY S sold 5,000 shares at 12.36 per share. ENVX shares that Director owns now total 192,561.
Among the insiders who bought shares, Rodgers Thurman J acquired of 102,599 shares on Mar 21 at a per-share price of $11.57. This resulted in the Director holding 900,000 shares of ENVX after the transaction. In another insider transaction, Rodgers Thurman J bought 69,557 shares at $10.88 per share on Mar 20. Company shares held by the Director now total 797,401.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for ENVX in the last 3 months, the mean price target is $28.42 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 -$0.22 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of -$0.17 per share and a lower estimate of -$0.25. The company reported an EPS of -$0.19 in the last quarter, which was -18.80% lower than expectations of -$0.16.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ENVX’s latest balance sheet shows that the firm has $385.29M in Cash & Short Term Investments as of fiscal 2021. There were $9.07M in debt and $20.64M in liabilities at the time. Its Book Value Per Share was $2.31, while its Total Shareholder’s Equity was $326.12M.
Analysts Opinion
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. Currently, 0 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 Buy with a score of 5.00.