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The closing price of Energy Vault Holdings Inc (NYSE: NRGV) was $2.03 for the day, up 6.28% from the previous closing price of $1.91. In other words, the price has increased by $6.28 from its previous closing price. On the day, 0.86 million shares were traded. NRGV stock price reached its highest trading level at $2.035 during the session, while it also had its lowest trading level at $1.9149.
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 Jan 10 ’25 when Ladwa Akshay sold 4,762 shares for $1.96 per share. The transaction valued at 9,318 led to the insider holds 1,457,602 shares of the business.
Ladwa Akshay bought 4,762 shares of NRGV for $9,318 on Jan 10 ’25. On Dec 13 ’24, another insider, Piconi Robert, who serves as the Chief Executive Officer of the company, sold 9,697 shares for $1.83 each. As a result, the insider received 17,743 and left with 17,613,664 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 308803584 and an Enterprise Value of 260723840. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 1.991 whereas that against EBITDA is -2.609.
Stock Price History:
The Beta on a monthly basis for NRGV is 0.44, which has changed by 0.1404494 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, NRGV has reached a high of $2.69, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 7.31%, while the 200-Day Moving Average is calculated to be 51.27%.
Shares Statistics:
NRGV traded an average of 1.66M shares per day over the past three months and 1425340 shares per day over the past ten days. A total of 151.54M shares are outstanding, with a floating share count of 86.53M. Insiders hold about 43.12% of the company’s shares, while institutions hold 20.90% stake in the company. Shares short for NRGV as of 1735603200 were 18520100 with a Short Ratio of 11.12, compared to 1732838400 on 17090726. Therefore, it implies a Short% of Shares Outstanding of 18520100 and a Short% of Float of 17.419999999999998.
