The price of Energy Vault Holdings Inc (NYSE:NRGV) shares last traded on Wall Street rose 11.10% to $1.00.
NRGV stock price is now -38.04% away from the 50-day moving average and -28.02% away from the 200-day moving average. The market capitalization of the company currently stands at $152.12M.
With the price target reduced from $2.50 to $2, TD Cowen maintained Buy rating for Energy Vault Holdings Inc (NYSE: NRGV)., while ‘TD Cowen’ rates the stock as ‘Outperform’
In other news, Wiese Christopher, Chief Operating Officer sold 3,412 shares of the company’s stock on Feb 07 ’25. The stock was sold for $5,593 at an average price of $1.64. Upon completion of the transaction, the Chief Operating Officer now directly owns 964,661 shares in the company, valued at $0.96 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 07 ’25, Chief Engineering Officer Ladwa Akshay sold 10,253 shares of the business’s stock. A total of $16,807 was realized by selling the stock at an average price of $1.64. This leaves the insider owning 1,447,349 shares of the company worth $1.45 million. A total of 43.11% of the company’s stock is owned by insiders.
During the past 12 months, Energy Vault Holdings Inc has had a low of $0.78 and a high of $2.69. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 1.26, and a quick ratio of 1.06. The fifty day moving average price for NRGV is $1.614 and a two-hundred day moving average price translates $1.389335 for the stock.
The latest earnings results from Energy Vault Holdings Inc (NYSE: NRGV) was released for 2024-12-31. The net profit margin was -293.90% and return on equity was -77.56% for NRGV. The company reported revenue of $1.2 million for the quarter, compared to $172.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -99.3 percent.
