Energy Vault Holdings Inc [NRGV] stock is trading at $1.48, down -8.07%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NRGV shares have gain 3.50% over the last week, with a monthly amount drifted -21.69%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Energy Vault Holdings Inc [NYSE: NRGV] stock has seen the most recent analyst activity on April 08, 2024, when Chardan Capital Markets downgraded its rating to a Sell. Previously, TD Cowen reaffirmed its Outperform rating on March 13, 2024, and dropped its price target to $5. On January 16, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $4 on the stock. Guggenheim downgraded its rating to a Neutral. Chardan Capital Markets initiated its recommendation with a Buy and recommended $13 as its price target on June 29, 2022. Guggenheim started tracking with a Buy rating for this stock on March 22, 2022, and assigned it a price target of $22. In a note dated March 14, 2022, Goldman initiated an Sell rating and provided a target price of $9 on this stock.
Energy Vault Holdings Inc [NRGV] stock has fluctuated between $0.78 and $2.68 over the past year. Currently, Wall Street analysts expect the stock to reach $2.75 within the next 12 months. Energy Vault Holdings Inc [NYSE: NRGV] shares were valued at $1.48 at the most recent close of the market. An investor can expect a potential return of 85.81% based on the average NRGV price forecast.
Analyzing the NRGV fundamentals
Energy Vault Holdings Inc [NYSE:NRGV] reported sales of 130.96M for the trailing twelve months, which represents a drop of -99.30%. Gross Profit Margin for this corporation currently stands at 0.05% with Operating Profit Margin at -0.78%, Pretax Profit Margin comes in at -0.73%, and Net Profit Margin reading is -0.73%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -0.47 and Total Capital is -0.56. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4200 points at the first support level, and at 1.3600 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5500, and for the 2nd resistance point, it is at 1.6200.
Ratios To Look Out For
For context, Energy Vault Holdings Inc’s Current Ratio is 1.87. As well, the Quick Ratio is 1.60, while the Cash Ratio is 0.73. Considering the valuation of this stock, the price to sales ratio is 1.72, the price to book ratio is 1.25.
Transactions by insiders
Recent insider trading involved Piconi Robert, Chief Executive Officer, that happened on Nov 11 ’24 when 2859.0 shares were sold. Chief Engineering Officer, Ladwa Akshay completed a deal on Nov 11 ’24 to sell 11027.0 shares. Meanwhile, Chief Operating Officer Wiese Christopher sold 2365.0 shares on Nov 11 ’24.
