$861.98K in average volume shows that Energy Vault Holdings Inc (NRGV) is heading in the right direction

On Tuesday, Energy Vault Holdings Inc (NYSE: NRGV) was 1.72% up from the session before settling in for the closing price of $1.16. A 52-week range for NRGV has been $1.10 – $3.55.

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During the last 5-year period, the sales growth of Utilities Sector giant was 44.71%. When this article was written, the company’s average yearly earnings per share was at 50.25%. With a float of $75.95 million, this company’s outstanding shares have now reached $146.58 million.

Let’s determine the extent of company efficiency that accounts for 183 employees.

Energy Vault Holdings Inc (NRGV) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Energy Vault Holdings Inc stocks. The insider ownership of Energy Vault Holdings Inc is 48.63%, while institutional ownership is 21.63%. The most recent insider transaction that took place on Apr 12 ’24, was worth 5,701. In this transaction Chief Engineering Officer of this company sold 4,791 shares at a rate of $1.19, taking the stock ownership to the 1,007,423 shares. Before that another transaction happened on Mar 19 ’24, when Company’s Chief Legal Officer sold 20,468 for $1.63, making the entire transaction worth $33,445. This insider now owns 595,188 shares in total.

Energy Vault Holdings Inc (NRGV) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 50.25% per share during the next fiscal year.

Energy Vault Holdings Inc (NYSE: NRGV) Trading Performance Indicators

You can see what Energy Vault Holdings Inc (NRGV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.69, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.17 in one year’s time.

Technical Analysis of Energy Vault Holdings Inc (NRGV)

Looking closely at Energy Vault Holdings Inc (NYSE: NRGV), its last 5-days average volume was 1.48 million, which is a jump from its year-to-date volume of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 7.98%. Additionally, its Average True Range was 0.13.

During the past 100 days, Energy Vault Holdings Inc’s (NRGV) raw stochastic average was set at 5.06%, which indicates a significant decrease from 9.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.28% in the past 14 days, which was higher than the 91.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6734, while its 200-day Moving Average is $2.3066. However, in the short run, Energy Vault Holdings Inc’s stock first resistance to watch stands at $1.2000. Second resistance stands at $1.2200. The third major resistance level sits at $1.2600. If the price goes on to break the first support level at $1.1400, it is likely to go to the next support level at $1.1000. Should the price break the second support level, the third support level stands at $1.0800.

Energy Vault Holdings Inc (NYSE: NRGV) Key Stats

There are 147,079K outstanding shares of the company, which has a market capitalization of 174.49 million. As of now, sales total 341,540 K while income totals -98,440 K. Its latest quarter income was 118,240 K while its last quarter net income were -22,170 K.