In Friday’s Wall Street session, Nuvve Holding Corp (NASDAQ:NVVE) shares traded at $1.22, up 8.93% from the previous session.
NVVE stock price is now 7.14% away from the 50-day moving average and -59.22% away from the 200-day moving average. The market capitalization of the company currently stands at $4.51M.
With the price target of $24, Chardan Capital Markets recently initiated with Buy rating for Nuvve Holding Corp (NASDAQ: NVVE).
In other news, Poilasne Gregory, Chief Executive Officer sold 1,680 shares of the company’s stock on Dec 31 ’24. The stock was sold for $0 at an average price of $0.00. Upon completion of the transaction, the Chief Executive Officer now directly owns 7,381 shares in the company, valued at $9004.82. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 20 ’24, President and COO Smith Ted C. bought 7,155 shares of the business’s stock. A total of $20,606 was incurred on buying the stock at an average price of $2.88. This leaves the insider owning 12,855 shares of the company worth $15683.1. A total of 23.75% of the company’s stock is owned by insiders.
During the past 12 months, Nuvve Holding Corp has had a low of $0.82 and a high of $17.30.
The net profit margin was -326.60% and return on equity was -1026.66% for NVVE. The company reported revenue of $0.93 million for the quarter, compared to $0.78 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.74 percent.
