On Monday, Energy Vault Holdings Inc (NYSE: NRGV) opened higher 24.50% from the last session, before settling in for the closing price of $1.51. Price fluctuations for NRGV have ranged from $0.78 to $3.22 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 44.71% annually for the last half of the decade. Company’s average yearly earnings per share was noted 24.32% at the time writing. With a float of $77.42 million, this company’s outstanding shares have now reached $146.58 million.
In an organization with 183 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 4.47%, operating margin of -31.68%, and the pretax margin is -29.41%.
Energy Vault Holdings Inc (NRGV) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Renewable industry is another important factor to consider. The insider ownership of Energy Vault Holdings Inc is 48.56%, while institutional ownership is 20.47%. The most recent insider transaction that took place on Oct 11 ’24, was worth 22,533. Before that another transaction happened on Oct 10 ’24, when Company’s Officer proposed sale 22,222 for $0.95, making the entire transaction worth $21,093.
Energy Vault Holdings Inc (NRGV) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.13 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.15) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.32% per share during the next fiscal year.
Energy Vault Holdings Inc (NYSE: NRGV) Trading Performance Indicators
Check out the current performance indicators for Energy Vault Holdings Inc (NRGV). In the past quarter, the stock posted a quick ratio of 2.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.22 in one year’s time.
Technical Analysis of Energy Vault Holdings Inc (NRGV)
Let’s dig in a bit further. During the last 5-days, its volume was 2.25 million. That was better than the volume of 0.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 86.39%. Additionally, its Average True Range was 0.15.
During the past 100 days, Energy Vault Holdings Inc’s (NRGV) raw stochastic average was set at 93.22%, which indicates a significant increase from 92.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 159.30% in the past 14 days, which was higher than the 120.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9959, while its 200-day Moving Average is $1.2985. However, in the short run, Energy Vault Holdings Inc’s stock first resistance to watch stands at $2.0517. Second resistance stands at $2.2233. The third major resistance level sits at $2.4867. If the price goes on to break the first support level at $1.6167, it is likely to go to the next support level at $1.3533. Assuming the price breaks the second support level, the third support level stands at $1.1817.
Energy Vault Holdings Inc (NYSE: NRGV) Key Stats
There are currently 148,850K shares outstanding in the company with a market cap of 282.90 million. Presently, the company’s annual sales total 341,540 K according to its annual income of -98,440 K. Last quarter, the company’s sales amounted to 3,770 K and its income totaled -26,190 K.
