Investor’s Delight: Energy Vault Holdings Inc (NRGV) Closes Strong at 2.11, Up 12.23

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Energy Vault Holdings Inc (NYSE: NRGV) was $2.11 for the day, up 12.23% from the previous closing price of $1.88. In other words, the price has increased by $12.23 from its previous closing price. On the day, 1.78 million shares were traded. NRGV stock price reached its highest trading level at $2.11 during the session, while it also had its lowest trading level at $1.9.

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 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:

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 Oct 25 ’24 when McMorrow Josh bought 67,605 shares for $1.67 per share.

Terruzzin Marco bought 22,222 shares of NRGV for $22,533 on Oct 11 ’24. On Oct 10 ’24, another insider, Terruzzin Marco, who serves as the Officer of the company, bought 22,222 shares for $0.95 each.

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 317521216 and an Enterprise Value of 213247760. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 0.706 whereas that against EBITDA is -2.262.

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 68.03%, while the 200-Day Moving Average is calculated to be 61.96%.

Shares Statistics:

NRGV traded an average of 928.27K shares per day over the past three months and 1657790 shares per day over the past ten days. A total of 146.58M shares are outstanding, with a floating share count of 77.42M. Insiders hold about 48.56% of the company’s shares, while institutions hold 20.73% stake in the company. Shares short for NRGV as of 1728950400 were 16870781 with a Short Ratio of 18.17, compared to 1726185600 on 14492065. Therefore, it implies a Short% of Shares Outstanding of 16870781 and a Short% of Float of 16.12.

Most Popular