For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Nuvve Holding Corp (NASDAQ: NVVE) closed at $2.65 in the last session, up 9.05% from day before closing price of $2.43. In other words, the price has increased by $9.05 from its previous closing price. On the day, 0.52 million shares were traded. NVVE stock price reached its highest trading level at $3.0 during the session, while it also had its lowest trading level at $2.24.
Ratios:
We take a closer look at NVVE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 2.63 whereas as Long-Term Debt/Eq ratio is at 1.50.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Chardan Capital Markets on December 21, 2021, initiated with a Buy rating and assigned the stock a target price of $24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 31 ’24 when Poilasne Gregory sold 1,680 shares for $0.00 per share. The transaction valued at 0 led to the insider holds 7,381 shares of the business.
Smith Ted C. bought 7,155 shares of NVVE for $20,606 on Dec 20 ’24. The President and COO now owns 12,855 shares after completing the transaction at $2.88 per share. On Dec 19 ’24, another insider, Smith Ted C., who serves as the President and COO of the company, bought 3,928 shares for $2.75 each. As a result, the insider paid 10,802 and bolstered with 5,700 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, NVVE now has a Market Capitalization of 2318615 and an Enterprise Value of 5843952. 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 0.58. Its current Enterprise Value per Revenue stands at 0.984 whereas that against EBITDA is -0.205.
Stock Price History:
The Beta on a monthly basis for NVVE is 1.89, which has changed by -0.78869563 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, NVVE has reached a high of $17.30, while it has fallen to a 52-week low of $2.30. The 50-Day Moving Average of the stock is -16.89%, while the 200-Day Moving Average is calculated to be -47.44%.
Shares Statistics:
According to the various share statistics, NVVE traded on average about 39.64K shares per day over the past 3-months and 148760 shares per day over the past 10 days. A total of 0.90M shares are outstanding, with a floating share count of 0.72M. Insiders hold about 19.96% of the company’s shares, while institutions hold 17.77% stake in the company. Shares short for NVVE as of 1730332800 were 16643 with a Short Ratio of 0.16, compared to 1727654400 on 49567. Therefore, it implies a Short% of Shares Outstanding of 16643 and a Short% of Float of 3.1400003.
