In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Energy Vault Holdings Inc (NYSE: NRGV) closed at $1.92 down -12.33% from its previous closing price of $2.19. In other words, the price has decreased by -$12.33 from its previous closing price. On the day, 1.58 million shares were traded. NRGV stock price reached its highest trading level at $2.14 during the session, while it also had its lowest trading level at $1.88.
Ratios:
For a deeper understanding of Energy Vault Holdings Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 10 ’25 when Ladwa Akshay bought 4,762 shares for $1.96 per share.
Piconi Robert sold 9,697 shares of NRGV for $17,743 on Dec 13 ’24. The Chief Executive Officer now owns 17,613,664 shares after completing the transaction at $1.83 per share. On Dec 13 ’24, another insider, Ladwa Akshay, who serves as the Chief Engineering Officer of the company, sold 23,557 shares for $1.83 each. As a result, the insider received 43,102 and left with 1,462,364 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 292070400 and an Enterprise Value of 243990688. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 1.863 whereas that against EBITDA is -2.442.
Stock Price History:
The Beta on a monthly basis for NRGV is 0.44, which has changed by 0.097142816 over the last 52 weeks, in comparison to a change of 0.22263205 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 1.66%, while the 200-Day Moving Average is calculated to be 43.44%.
Shares Statistics:
For the past three months, NRGV has traded an average of 1.67M shares per day and 2541270 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 20.91% stake in the company. Shares short for NRGV as of 1734048000 were 17810926 with a Short Ratio of 11.11, compared to 1731628800 on 18526196. Therefore, it implies a Short% of Shares Outstanding of 17810926 and a Short% of Float of 16.75.
