On Monday, Energy Vault Holdings Inc (NYSE: NRGV) opened lower -8.25% from the last session, before settling in for the closing price of $2.06. Price fluctuations for NRGV have ranged from $0.78 to $2.68 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 44.71%. Company’s average yearly earnings per share was noted 18.48% at the time writing. With a float of $78.13 million, this company’s outstanding shares have now reached $151.54 million.
The extent of productivity of a business whose workforce counts for 183 workers is very important to gauge. 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 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 48.64%, while institutional ownership is 20.87%. The most recent insider transaction that took place on Nov 22 ’24, was worth 235,290. In this transaction Chief Executive Officer of this company bought 150,000 shares at a rate of $1.57, taking the stock ownership to the 17,623,361 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Chief Executive Officer sold 2,859 for $2.09, making the entire transaction worth $5,967. This insider now owns 17,473,361 shares in total.
Energy Vault Holdings Inc (NRGV) Performance Highlights and Predictions
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 2.20.
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)
The latest stats from [Energy Vault Holdings Inc, NRGV] show that its last 5-days average volume of 1.42 million was superior to 0.86 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.86%. Additionally, its Average True Range was 0.23.
During the past 100 days, Energy Vault Holdings Inc’s (NRGV) raw stochastic average was set at 73.51%, which indicates a significant increase from 67.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 193.24% in the past 14 days, which was higher than the 140.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.49, while its 200-day Moving Average is $1.31. Now, the first resistance to watch is $2.03. This is followed by the second major resistance level at $2.17. The third major resistance level sits at $2.25. If the price goes on to break the first support level at $1.82, it is likely to go to the next support level at $1.74. Assuming the price breaks the second support level, the third support level stands at $1.60.
Energy Vault Holdings Inc (NYSE: NRGV) Key Stats
There are currently 152,120K shares outstanding in the company with a market cap of 287.51 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.
