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The price of Energy Vault Holdings Inc (NYSE: NRGV) closed at $1.29 in the last session, up 27.72% from day before closing price of $1.01. In other words, the price has increased by $27.72 from its previous closing price. On the day, 2.62 million shares were traded. NRGV stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $0.9925.
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 2.77 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:
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 Oct 11 ’24 when Terruzzin Marco bought 22,222 shares for $1.01 per share.
Terruzzin Marco bought 22,222 shares of NRGV for $21,093 on Oct 10 ’24. On Oct 09 ’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 194124352 and an Enterprise Value of 89850680. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 0.298 whereas that against EBITDA is -0.953.
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 35.63%, while the 200-Day Moving Average is calculated to be -1.71%.
Shares Statistics:
According to the various share statistics, NRGV traded on average about 604.11K shares per day over the past 3-months and 866570 shares per day over the past 10 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 20.47% stake in the company. Shares short for NRGV as of 1727654400 were 15829985 with a Short Ratio of 26.20, compared to 1724976000 on 15023326. Therefore, it implies a Short% of Shares Outstanding of 15829985 and a Short% of Float of 15.120000000000001.
