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Nuvve Holding Corp (NASDAQ: NVVE) closed the day trading at $0.87 down -6.81% from the previous closing price of $0.94. In other words, the price has decreased by -$6.81 from its previous closing price. On the day, 0.81 million shares were traded. NVVE stock price reached its highest trading level at $0.935 during the session, while it also had its lowest trading level at $0.8551.
Ratios:
For a better understanding of NVVE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.68.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Chardan Capital Markets on December 21, 2021, initiated with a Buy rating and assigned the stock a target price of $24.
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 Dec 31 ’24 when Poilasne Gregory sold 1,680 shares for $0.00 per share. The transaction valued at 0 led to the insider holds 7,381 shares of the business.
Smith Ted C. bought 7,155 shares of NVVE for $20,606 on Dec 20 ’24. The President and COO now owns 12,855 shares after completing the transaction at $2.88 per share. On Dec 19 ’24, another insider, Smith Ted C., who serves as the President and COO of the company, bought 3,928 shares for $2.75 each. As a result, the insider paid 10,802 and bolstered with 5,700 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, NVVE now has a Market Capitalization of 8274657 and an Enterprise Value of 11892946. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52. Its current Enterprise Value per Revenue stands at 2.186 whereas that against EBITDA is -0.644.
Stock Price History:
The Beta on a monthly basis for NVVE is 2.09, which has changed by -0.8750359 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, NVVE has reached a high of $8.80, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is -21.77%, while the 200-Day Moving Average is calculated to be -66.98%.
Shares Statistics:
Over the past 3-months, NVVE traded about 5.82M shares per day on average, while over the past 10 days, NVVE traded about 1592520 shares per day. A total of 9.50M shares are outstanding, with a floating share count of 7.24M. Insiders hold about 23.75% of the company’s shares, while institutions hold 2.92% stake in the company. Shares short for NVVE as of 1749772800 were 457623 with a Short Ratio of 0.08, compared to 1747267200 on 399320. Therefore, it implies a Short% of Shares Outstanding of 457623 and a Short% of Float of 4.99.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.