ENOV
Enovis Corporation Healthcare - Medical Devices Investor Relations →
Enovis Corporation (ENOV) closed at $22.59 as of 2026-02-02, trading 52.6% below its 200-week moving average of $47.71. This places ENOV in the extreme value zone. The stock moved further from the line this week, up from -54.0% last week. The 14-week RSI sits at 33, indicating neutral momentum.
Over the past 878 weeks of data, ENOV has crossed below its 200-week moving average 9 times. On average, these episodes lasted 56 weeks. Historically, investors who bought ENOV at the start of these episodes saw an average one-year return of +45.3%.
With a market cap of $1292 million, ENOV is a small-cap stock. The company generates a free cash flow yield of 6.9%, which is healthy. Return on equity stands at -51.0%. The stock trades at 0.6x book value.
Share count has increased 7.3% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 16.9 years, a hypothetical investment of $100 in ENOV would have grown to $151, compared to $1070 for the S&P 500. ENOV has returned 2.5% annualized vs 15.0% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: ENOV vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ENOV Crosses Below the Line?
Across 9 historical episodes, buying ENOV when it crossed below its 200-week moving average produced an average return of +44.1% after 12 months (median +50.0%), compared to +27.2% for the S&P 500 over the same periods. 78% of those episodes were profitable after one year. After 24 months, the average return was +49.9% vs +42.8% for the index.
Each line shows $100 invested at the moment ENOV crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ENOV has crossed below its 200-week MA 9 times with an average 1-year return of +45.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2009 | Apr 2010 | 52 | 55.2% | +93.0% | +98.6% |
| May 2010 | Jul 2010 | 12 | 18.6% | +69.6% | +5.9% |
| Aug 2010 | Aug 2010 | 1 | 1.4% | +105.0% | +5.9% |
| Jun 2015 | Oct 2019 | 227 | 58.1% | -39.7% | -72.1% |
| Mar 2020 | Aug 2020 | 22 | 50.4% | +63.8% | -56.8% |
| Sep 2020 | Nov 2020 | 7 | 16.4% | +51.4% | -57.1% |
| Jun 2022 | Jan 2023 | 32 | 25.5% | +6.5% | -60.0% |
| Feb 2023 | Jun 2023 | 18 | 19.0% | +12.6% | -59.5% |
| Jul 2023 | Ongoing | 132+ | 54.0% | Ongoing | -61.9% |
| Average | 56 | — | +45.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02