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Energy Vault Holdings Inc (NYSE: NRGV) closed the day trading at $1.46 down -12.05% from the previous closing price of $1.66. In other words, the price has decreased by -$12.05 from its previous closing price. On the day, 1.09 million shares were traded. NRGV stock price reached its highest trading level at $1.69 during the session, while it also had its lowest trading level at $1.45.
Ratios:
For a better understanding of NRGV, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 11 ’24 when Piconi Robert sold 2,859 shares for $2.09 per share. The transaction valued at 5,967 led to the insider holds 17,473,361 shares of the business.
Ladwa Akshay sold 11,027 shares of NRGV for $23,013 on Nov 11 ’24. The Chief Engineering Officer now owns 1,485,921 shares after completing the transaction at $2.09 per share. On Nov 11 ’24, another insider, Wiese Christopher, who serves as the Chief Operating Officer of the company, sold 2,365 shares for $2.09 each. As a result, the insider received 4,936 and left with 977,927 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 222095200 and an Enterprise Value of 174015664. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.49 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 1.329 whereas that against EBITDA is -1.742.
Stock Price History:
Over the past 52 weeks, NRGV has reached a high of $2.84, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 9.34%, while the 200-Day Moving Average is calculated to be 11.74%.
Shares Statistics:
Over the past 3-months, NRGV traded about 1.03M shares per day on average, while over the past 10 days, NRGV traded about 1734300 shares per day. A total of 146.58M shares are outstanding, with a floating share count of 78.26M. Insiders hold about 48.56% of the company’s shares, while institutions hold 20.88% stake in the company. Shares short for NRGV as of 1730332800 were 18843536 with a Short Ratio of 18.23, compared to 1727654400 on 15829985. Therefore, it implies a Short% of Shares Outstanding of 18843536 and a Short% of Float of 18.0.
