Enovix Corporation Shares Close the Day 10.1% Higher - Daily Wrap

The company saw its shares close the day 10.1% higher than yesterday, with trading volume higher than its 30 day average.

May 17, 2022 by Kwhen Finance Editors

Enovix Corporation Shares Close the Day 10.1% Higher - Daily Wrap
Enovix Corporation (ENVX) shares closed today 10.1% higher than it did at the end of yesterday. The stock is currently down 69.9% year-to-date, down 32.0% over the past 12 months, and down 34.5% over the past five years. Today, the Dow Jones Industrial Average rose 1.3%, and the S&P 500 rose 2.0%.

Trading Activity

  • Shares traded as high as $9.45 and as low as $7.26 this week.
  • Shares closed 77.1% below its 52-week high and 24.7% above its 52-week low.
  • Trading volume this week was 11.7% higher than the 10-day average and 12.5% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.1.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Enovix Corporation10.1-69.9-32.0-77.920.4
Dow Jones Industrial Average1.3-10.7-4.6-11.14.6
S&P 500 Index2.0-15.5-2.7-15.05.5
Technology Industry-8.566.5-30.5-40.864.0

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 1088.7%
  • The company's stock price performance over the past 12 months lags the peer average by 185.3%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Enovix CorporationENVX0-69.9-32.0-77.920.4
Peer AvgN/A-17.4-5.9-11.2-15.12.6
Ultralife CorpULBI-69.4-23.5-44.8-60.310.4

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