Energy Vault Holdings Inc (NYSE: NRGV) is -57.22% lower on its value in year-to-date trading and has touched a low of $0.78 and a high of $3.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NRGV stock was last observed hovering at around $0.97 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.00, the stock is 6.66% and -1.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 2.76% at the moment leaves the stock -31.04% off its SMA200. NRGV registered -65.75% loss for a year compared to 6-month loss of -41.71%.
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The stock witnessed a 3.83% gain in the last 1 month and extending the period to 3 months gives it a -5.07%, and is 18.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.71% over the week and 10.19% over the month.
Energy Vault Holdings Inc (NRGV) has around 183 employees, a market worth around $150.00M and $301.97M in sales. Profit margin for the company is -29.29%. Distance from 52-week low is 27.79% and -69.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.98%).
The EPS is expected to grow by 24.32% this year
139.0 institutions hold shares in Energy Vault Holdings Inc (NRGV), with institutional investors hold 47.31% of the company’s shares. The shares outstanding are 146.58M, and float is at 77.58M with Short Float at 19.36%. Institutions hold 37.92% of the Float.
The top institutional shareholder in the company is SB INVESTMENT ADVISERS (UK) LTD with over 18.54 million shares valued at $17.6 million. The investor’s holdings represent 12.6076 of the NRGV Shares outstanding. As of 2024-06-30, the second largest holder is SAILINGSTONE CAPITAL PARTNERS LLC with 8.15 million shares valued at $7.74 million to account for 5.5417 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 6.48 million shares representing 4.4075 and valued at over $6.15 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.4255 of the shares totaling 2.1 million with a market value of $1.99 million.
Energy Vault Holdings Inc (NRGV) Insider Activity
The most recent transaction is an insider purchase by Piconi Robert, the company’s Chief Executive Officer. SEC filings show that Piconi Robert bought 300,000 shares of the company’s common stock on Sep 13 ’24 at a price of $0.87 per share for a total of $0.26 million. Following the purchase, the insider now owns 17.48 million shares.
Energy Vault Holdings Inc disclosed in a document filed with the SEC on Sep 09 ’24 that ALEXANDER LAURENCE (Chief Marketing Officer) sold a total of 24,208 shares of the company’s common stock. The trade occurred on Sep 09 ’24 and was made at $0.83 per share for $20020.0. Following the transaction, the insider now directly holds 1.19 million shares of the NRGV stock.
Still, SEC filings show that on Sep 06 ’24, Icoren Goncagul (Chief People Officer) disposed off 19,466 shares at an average price of $0.85 for $16585.0. The insider now directly holds 865,757 shares of Energy Vault Holdings Inc (NRGV).
