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Should You Add Enovix Corp (ENVX) Stock to Your Portfolio Monday?

Monday, June 05, 2023 12:03 PM | InvestorsObserver Analysts

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Should You Add Enovix Corp (ENVX) Stock to Your Portfolio Monday?

A rating of 88 puts Enovix Corp (ENVX) near the top of the Industrials sector according to InvestorsObserver. Enovix Corp's score of 88 means that it ranks higher than 88% of stocks in the sector. In addition, its overall score of 42 ranks it higher than 42% of all stocks.

Overall Score - 42
ENVX has an Overall Score of 42. Find out what this means to you and get the rest of the rankings on ENVX!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 42 means the stock is more attractive than 42 percent of stocks. These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Enovix Corp Stock Today?

Enovix Corp (ENVX) stock has fallen -6.94% while the S&P 500 is higher by 0.22% as of 12:03 PM on Monday, Jun 5. ENVX is down -$0.99 from the previous closing price of $14.27 on volume of 4,639,536 shares. Over the past year the S&P 500 has gained 4.13% while ENVX is down -0.97%. ENVX lost -$1.09 per share the over the last 12 months. Click Here to get the full Stock Report for Enovix Corp stock.

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