On Friday, Energy Vault Holdings Inc (NYSE: NRGV) opened higher 3.25% from the last session, before settling in for the closing price of $1.54. Price fluctuations for NRGV have ranged from $0.78 to $2.68 over the past 52 weeks.
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Utilities Sector giant saw their annual sales surged by 44.71% over the last five years. Company’s average yearly earnings per share was noted 18.48% at the time writing. With a float of $78.28 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 5.42%, operating margin of -77.51%, and the pretax margin is -73.36%.
Energy Vault Holdings Inc (NRGV) Insider Activity
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 48.54%, while institutional ownership is 20.87%. The most recent insider transaction that took place on Nov 11 ’24, was worth 5,967. In this transaction Chief Executive Officer of this company sold 2,859 shares at a rate of $2.09, taking the stock ownership to the 17,473,361 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Chief Engineering Officer sold 11,027 for $2.09, making the entire transaction worth $23,013. This insider now owns 1,485,921 shares in total.
Energy Vault Holdings Inc (NRGV) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.09 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.12) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.48% 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 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.30 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 1.09 million was better than the volume posted last year of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 20.08%. 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 53.64%, which indicates a significant increase from 23.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 192.26% in the past 14 days, which was higher than the 139.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4023, while its 200-day Moving Average is $1.3070. Now, the first resistance to watch is $1.6467. This is followed by the second major resistance level at $1.7033. The third major resistance level sits at $1.7917. If the price goes on to break the first support level at $1.5017, it is likely to go to the next support level at $1.4133. Should the price break the second support level, the third support level stands at $1.3567.
Energy Vault Holdings Inc (NYSE: NRGV) Key Stats
There are currently 152,120K shares outstanding in the company with a market cap of 249.72 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 1,200 K and its income totaled -26,590 K.
