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The price of Energy Vault Holdings Inc (NYSE: NRGV) closed at $0.95 in the last session, down -6.90% from day before closing price of $1.02. In other words, the price has decreased by -$6.90 from its previous closing price. On the day, 1.08 million shares were traded. NRGV stock price reached its highest trading level at $1.0199 during the session, while it also had its lowest trading level at $0.932.
Ratios:
We take a closer look at NRGV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.97. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 07 ’24 when Terruzzin Marco sold 34,129 shares for $1.16 per share. The transaction valued at 39,726 led to the insider holds 1,663,225 shares of the business.
McMorrow Josh sold 22,406 shares of NRGV for $26,081 on Jun 07 ’24. The Chief Legal Officer now owns 944,763 shares after completing the transaction at $1.16 per share. On Jun 07 ’24, another insider, ALEXANDER LAURENCE, who serves as the Chief Marketing Officer of the company, sold 22,316 shares for $1.16 each. As a result, the insider received 25,976 and left with 1,219,657 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 141347952 and an Enterprise Value of 7099387. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.021 whereas that against EBITDA is -0.073.
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 $0.91. The 50-Day Moving Average of the stock is -19.71%, while the 200-Day Moving Average is calculated to be -48.39%.
Shares Statistics:
According to the various share statistics, NRGV traded on average about 796.73K shares per day over the past 3-months and 811340 shares per day over the past 10 days. A total of 146.58M shares are outstanding, with a floating share count of 79.23M. Insiders hold about 46.77% of the company’s shares, while institutions hold 21.76% stake in the company. Shares short for NRGV as of 1718323200 were 14396963 with a Short Ratio of 18.07, compared to 1715731200 on 13520153. Therefore, it implies a Short% of Shares Outstanding of 14396963 and a Short% of Float of 13.969999999999999.
