A share price of Nuvve Holding Corp [NVVE] is currently trading at $1.37, up 9.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NVVE shares have gain 7.03% over the last week, with a monthly amount drifted -5.52%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nuvve Holding Corp [NASDAQ: NVVE] stock has seen the most recent analyst activity on December 21, 2021, when Chardan Capital Markets initiated its Buy rating and assigned the stock a price target of $24.
Nuvve Holding Corp experienced fluctuations in its stock price throughout the past year between $0.82 and $8.80. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Nuvve Holding Corp [NASDAQ: NVVE] shares were valued at $1.37 at the most recent close of the market. An investor can expect a potential return of 702.92% based on the average NVVE price forecast.
Analyzing the NVVE fundamentals
Trailing Twelve Months sales for Nuvve Holding Corp [NASDAQ:NVVE] were 5.44M which represents 19.82% growth. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -3.53%, Pretax Profit Margin comes in at -3.3%, and Net Profit Margin reading is -3.29%. To continue investigating profitability, this company’s Return on Assets is posted at -1.06, Equity is -33.21 and Total Capital is -4.56. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nuvve Holding Corp [NASDAQ:NVVE] is 0.68. Further, the Quick Ratio stands at 0.35, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 2.18.
Transactions by insiders
Recent insider trading involved Poilasne Gregory, Chief Executive Officer, that happened on Dec 31 ’24 when 1680.0 shares were sold. President and COO, Smith Ted C. completed a deal on Dec 20 ’24 to buy 7155.0 shares. Meanwhile, President and COO Smith Ted C. bought 3928.0 shares on Dec 19 ’24.
