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The closing price of Energy Vault Holdings Inc (NYSE: NRGV) was $1.69 for the day, up 11.92% from the previous closing price of $1.51. In other words, the price has increased by $11.92 from its previous closing price. On the day, 1.93 million shares were traded. NRGV stock price reached its highest trading level at $1.695 during the session, while it also had its lowest trading level at $1.46.
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 13 ’24 when Piconi Robert sold 9,697 shares for $1.83 per share. The transaction valued at 17,743 led to the insider holds 17,613,664 shares of the business.
Ladwa Akshay sold 23,557 shares of NRGV for $43,102 on Dec 13 ’24. The Chief Engineering Officer now owns 1,462,364 shares after completing the transaction at $1.83 per share. On Dec 13 ’24, another insider, Wiese Christopher, who serves as the Chief Operating Officer of the company, sold 9,854 shares for $1.83 each. As a result, the insider received 18,030 and left with 968,073 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 257082816 and an Enterprise Value of 209003168. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.20 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 1.596 whereas that against EBITDA is -2.092.
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 -1.39%, while the 200-Day Moving Average is calculated to be 28.85%.
Shares Statistics:
NRGV traded an average of 1.34M shares per day over the past three months and 1580710 shares per day over the past ten days. A total of 151.54M shares are outstanding, with a floating share count of 86.52M. Insiders hold about 43.12% 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 12.75, compared to 1730332800 on 18843536. Therefore, it implies a Short% of Shares Outstanding of 17090726 and a Short% of Float of 16.08.
