Nuvve Holding Corp (NVVE)’s latest performance is not what we had anticipated

Nuvve Holding Corp (NASDAQ: NVVE) kicked off on Monday, up 19.09% from the previous trading day, before settling in for the closing price of $0.5. Over the past 52 weeks, NVVE has traded in a range of $0.48-$8.76.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 11.38%. With a float of $8.12 million, this company’s outstanding shares have now reached $10.61 million.

The extent of productivity of a business whose workforce counts for 36 workers is very important to gauge. In terms of profitability, gross margin is 31.12%, operating margin of -352.59%, and the pretax margin is -329.51%.

Nuvve Holding Corp (NVVE) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of Nuvve Holding Corp is 23.45%, while institutional ownership is 3.93%. The most recent insider transaction that took place on Dec 31 ’24, was worth 0. In this transaction Chief Executive Officer of this company sold 1,680 shares at a rate of $0.00, taking the stock ownership to the 7,381 shares. Before that another transaction happened on Dec 20 ’24, when Company’s President and COO bought 7,155 for $2.88, making the entire transaction worth $20,606. This insider now owns 12,855 shares in total.

Nuvve Holding Corp (NVVE) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 12/31/2022, the organization reported -146.96 earnings per share (EPS), lower than consensus estimate (set at -128) by -18.96. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Nuvve Holding Corp (NASDAQ: NVVE) Trading Performance Indicators

Take a look at Nuvve Holding Corp’s (NVVE) current performance indicators. Last quarter, stock had a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.17.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -18.67

Technical Analysis of Nuvve Holding Corp (NVVE)

The latest stats from [Nuvve Holding Corp, NVVE] show that its last 5-days average volume of 0.77 million was inferior to 3.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.10%.

During the past 100 days, Nuvve Holding Corp’s (NVVE) raw stochastic average was set at 3.88%, which indicates a significant decrease from 27.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0929 in the past 14 days, which was lower than the 0.1658 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.9517, while its 200-day Moving Average is $2.0422. Now, the first resistance to watch is $0.6500. This is followed by the second major resistance level at $0.7011. The third major resistance level sits at $0.7759. If the price goes on to break the first support level at $0.5241, it is likely to go to the next support level at $0.4493. Assuming the price breaks the second support level, the third support level stands at $0.3982.

Nuvve Holding Corp (NASDAQ: NVVE) Key Stats

The company with the Market Capitalisation of 6.36 million has total of 14,640K Shares Outstanding. Its annual sales at the moment are 5,290 K in contrast with the sum of -17,400 K annual income. Company’s last quarter sales were recorded 930 K and last quarter income was -6,870 K.

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