As of close of business last night, Energy Vault Holdings Inc’s stock clocked out at $1.15, down -8.73% from its previous closing price of $1.26. On the day, 975425 shares were traded.
Ratios:
To gain a deeper understanding of NRGV’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.42 and its Current Ratio is at 2.50. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 19 ’24 when McMorrow Josh sold 20,468 shares for $1.63 per share. The transaction valued at 33,445 led to the insider holds 595,188 shares of the business.
ALEXANDER LAURENCE sold 20,385 shares of NRGV for $33,329 on Mar 19 ’24. The Chief Marketing Officer now owns 897,123 shares after completing the transaction at $1.64 per share. On Mar 19 ’24, another insider, Wiese Christopher, who serves as the Chief Operating Officer of the company, sold 10,956 shares for $1.63 each. As a result, the insider received 17,902 and left with 731,378 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.75.
Stock Price History:
Over the past 52 weeks, NRGV has reached a high of $3.55, while it has fallen to a 52-week low of $1.22.
Shares Statistics:
A total of 146.58M shares are outstanding, with a floating share count of 75.95M. Insiders hold about 48.63% of the company’s shares, while institutions hold 21.63% stake in the company.
Earnings Estimates
As of right now, NRG Energy, Inc. analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $663.68, with high estimates of $133.21 and low estimates of $1.15.
EPS for the following year is $ETF, with Stocks analysts recommending between $ETF and $Stocks.
