Market Insights: Nuvve Holding Corp (NVVE)’s Notable Drop of -14.37, Closing at 0.93

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

As of close of business last night, Nuvve Holding Corp’s stock clocked out at $0.93, down -14.37% from its previous closing price of $1.09. In other words, the price has decreased by -$14.37 from its previous closing price. On the day, 8.24 million shares were traded. NVVE stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $0.85.

Ratios:

To gain a deeper understanding of NVVE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.68.

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:

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 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 9742829 and an Enterprise Value of 12176100. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82. Its current Enterprise Value per Revenue stands at 2.238 whereas that against EBITDA is -0.659.

Stock Price History:

The Beta on a monthly basis for NVVE is 2.07, which has changed by -0.8537618 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, NVVE has reached a high of $8.80, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -17.14%, while the 200-Day Moving Average is calculated to be -62.44%.

Shares Statistics:

It appears that NVVE traded 6.15M shares on average per day over the past three months and 1876650 shares per day over the past ten days. A total of 10.61M shares are outstanding, with a floating share count of 8.09M. Insiders hold about 23.75% of the company’s shares, while institutions hold 2.61% stake in the company. Shares short for NVVE as of 1749772800 were 457623 with a Short Ratio of 0.06, compared to 1747267200 on 399320. Therefore, it implies a Short% of Shares Outstanding of 457623 and a Short% of Float of 4.99.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.