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Energy Vault Holdings Inc (NYSE: NRGV) closed the day trading at $1.75 down -11.62% from the previous closing price of $1.98. In other words, the price has decreased by -$11.62 from its previous closing price. On the day, 1.42 million shares were traded. NRGV stock price reached its highest trading level at $2.15 during the session, while it also had its lowest trading level at $1.74.
Ratios:
For a better understanding of NRGV, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 10 ’25 when Ladwa Akshay sold 4,762 shares for $1.96 per share. The transaction valued at 9,318 led to the insider holds 1,457,602 shares of the business.
Ladwa Akshay bought 4,762 shares of NRGV for $9,318 on Jan 10 ’25. On Dec 13 ’24, another insider, Piconi Robert, who serves as the Chief Executive Officer of the company, sold 9,697 shares for $1.83 each. As a result, the insider received 17,743 and left with 17,613,664 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 266210000 and an Enterprise Value of 218130352. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 1.666 whereas that against EBITDA is -2.183.
Stock Price History:
The Beta on a monthly basis for NRGV is 0.46, which has changed by 0.15789473 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. 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 -7.56%, while the 200-Day Moving Average is calculated to be 30.55%.
Shares Statistics:
Over the past 3-months, NRGV traded about 1.70M shares per day on average, while over the past 10 days, NRGV traded about 2476350 shares per day. A total of 151.54M shares are outstanding, with a floating share count of 86.52M. Insiders hold about 43.12% of the company’s shares, while institutions hold 20.90% stake in the company. Shares short for NRGV as of 1735603200 were 18520100 with a Short Ratio of 10.88, compared to 1732838400 on 17090726. Therefore, it implies a Short% of Shares Outstanding of 18520100 and a Short% of Float of 17.419999999999998.