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In the latest session, Energy Vault Holdings Inc (NYSE: NRGV) closed at $0.94 down -4.44% from its previous closing price of $0.98. In other words, the price has decreased by -$4.44 from its previous closing price. On the day, 2.24 million shares were traded. NRGV stock price reached its highest trading level at $0.99 during the session, while it also had its lowest trading level at $0.9072.
Ratios:
For a deeper understanding of Energy Vault Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 2.87. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 13 ’24 when Piconi Robert bought 300,000 shares for $0.87 per share. The transaction valued at 260,190 led to the insider holds 17,476,220 shares of the business.
ALEXANDER LAURENCE sold 24,208 shares of NRGV for $20,020 on Sep 09 ’24. The Chief Marketing Officer now owns 1,189,336 shares after completing the transaction at $0.83 per share. On Sep 06 ’24, another insider, Icoren Goncagul, who serves as the Chief People Officer of the company, sold 19,466 shares for $0.85 each. As a result, the insider received 16,585 and left with 865,757 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NRGV now has a Market Capitalization of 140928272 and an Enterprise Value of 36654496. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.121 whereas that against EBITDA is -0.389.
Stock Price History:
Over the past 52 weeks, NRGV has reached a high of $3.22, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is -4.57%, while the 200-Day Moving Average is calculated to be -32.94%.
Shares Statistics:
For the past three months, NRGV has traded an average of 575.58K shares per day and 1053410 over the past ten days. A total of 146.58M shares are outstanding, with a floating share count of 77.28M. Insiders hold about 48.65% of the company’s shares, while institutions hold 20.41% stake in the company. Shares short for NRGV as of 1726185600 were 14492065 with a Short Ratio of 25.18, compared to 1723680000 on 14076981. Therefore, it implies a Short% of Shares Outstanding of 14492065 and a Short% of Float of 13.850000000000001.
