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The closing price of Energy Vault Holdings Inc (NYSE: NRGV) was $1.65 for the day, down -6.78% from the previous closing price of $1.77. In other words, the price has decreased by -$6.78 from its previous closing price. On the day, 1.02 million shares were traded. NRGV stock price reached its highest trading level at $1.77 during the session, while it also had its lowest trading level at $1.61.
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 Dec 03 ’24 when McMorrow Josh bought 74,899 shares for $1.74 per share.
Piconi Robert bought 150,000 shares of NRGV for $235,290 on Nov 22 ’24. The Chief Executive Officer now owns 17,623,361 shares after completing the transaction at $1.57 per share. On Nov 11 ’24, another insider, Piconi Robert, who serves as the Chief Executive Officer of the company, sold 2,859 shares for $2.09 each. As a result, the insider received 5,967 and left with 17,473,361 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 269251968 and an Enterprise Value of 202918384. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 1.549 whereas that against EBITDA is -2.031.
Stock Price History:
Over the past 52 weeks, NRGV has reached a high of $2.68, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 4.15%, while the 200-Day Moving Average is calculated to be 25.98%.
Shares Statistics:
NRGV traded an average of 1.23M shares per day over the past three months and 1086020 shares per day over the past ten days. A total of 151.54M shares are outstanding, with a floating share count of 78.13M. Insiders hold about 48.64% of the company’s shares, while institutions hold 20.89% stake in the company. Shares short for NRGV as of 1732838400 were 17090726 with a Short Ratio of 15.09, compared to 1730332800 on 18843536. Therefore, it implies a Short% of Shares Outstanding of 17090726 and a Short% of Float of 16.08.
