A major move is in the offing as Energy Vault Holdings Inc (NRGV) market cap hits 302.48 million

Energy Vault Holdings Inc (NYSE: NRGV) kicked off on Tuesday, down -2.43% from the previous trading day, before settling in for the closing price of $2.06. Over the past 52 weeks, NRGV has traded in a range of $0.78-$2.84.

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Utilities Sector giant saw their annual sales surged by 44.71% over the last five years. While this was happening, its average annual earnings per share was recorded 24.32%. With a float of $77.42 million, this company’s outstanding shares have now reached $146.58 million.

The firm has a total of 183 workers. Let’s measure their productivity. 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 Activity

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Renewable Industry. The insider ownership of Energy Vault Holdings Inc is 48.56%, while institutional ownership is 20.73%. The most recent insider transaction that took place on Nov 11 ’24, was worth 17,320. Before that another transaction happened on Nov 11 ’24, when Company’s Officer proposed sale 2,365 for $2.09, making the entire transaction worth $4,936.

Energy Vault Holdings Inc (NRGV) Earnings and Forecasts

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

Take a look at Energy Vault Holdings Inc’s (NRGV) current performance indicators. Last quarter, stock had a quick ratio of 2.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.22 in one year’s time.

Technical Analysis of Energy Vault Holdings Inc (NRGV)

Analysing the last 5-days average volume posted by the [Energy Vault Holdings Inc, NRGV], we can find that recorded value of 1.62 million was better than the volume posted last year of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 64.34%. Additionally, its Average True Range was 0.22.

During the past 100 days, Energy Vault Holdings Inc’s (NRGV) raw stochastic average was set at 81.46%, which indicates a significant increase from 64.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.39% in the past 14 days, which was lower than the 123.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.30, while its 200-day Moving Average is $1.31. Now, the first resistance to watch is $2.10. This is followed by the second major resistance level at $2.18. The third major resistance level sits at $2.31. If the price goes on to break the first support level at $1.89, it is likely to go to the next support level at $1.76. Should the price break the second support level, the third support level stands at $1.68.

Energy Vault Holdings Inc (NYSE: NRGV) Key Stats

The company with the Market Capitalisation of 302.48 million has total of 150,484K Shares Outstanding. Its annual sales at the moment are 341,540 K in contrast with the sum of -98,440 K annual income. Company’s last quarter sales were recorded 3,770 K and last quarter income was -26,190 K.