Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Energy Vault Holdings Inc (NYSE: NRGV) was $1.22 for the day, down -10.29% from the previous closing price of $1.36. In other words, the price has decreased by -$10.29 from its previous closing price. On the day, 1.03 million shares were traded.
Ratios:
Our analysis of NRGV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On March 13, 2024, TD Cowen reiterated its Outperform rating and also upped its target price recommendation from $6 to $5.
On January 16, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $4.ROTH MKM initiated its Buy rating on January 16, 2024, with a $4 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 07 ’25 when Wiese Christopher sold 3,412 shares for $1.64 per share. The transaction valued at 5,593 led to the insider holds 964,661 shares of the business.
Ladwa Akshay sold 10,253 shares of NRGV for $16,807 on Feb 07 ’25. The Chief Engineering Officer now owns 1,447,349 shares after completing the transaction at $1.64 per share. On Feb 07 ’25, another insider, Piconi Robert, who serves as the Chief Executive Officer of the company, sold 2,806 shares for $1.64 each. As a result, the insider received 4,600 and left with 17,610,858 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 1.03.
Stock Price History:
Over the past 52 weeks, NRGV has reached a high of $2.69, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is -32.93%, while the 200-Day Moving Average is calculated to be -12.43%.
Shares Statistics:
A total of 151.54M shares are outstanding, with a floating share count of 86.54M. Insiders hold about 43.11% of the company’s shares, while institutions hold 26.41% stake in the company.
