Energy Vault Holdings Inc (NYSE: NRGV) is -12.45% 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 $1.87 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $2.04, the stock is 39.92% and 76.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing 9.09% at the moment leaves the stock 57.60% off its SMA200. NRGV registered -0.97% loss for a year compared to 6-month loss of 60.63%. The firm has a 50-day simple moving average (SMA 50) of $1.15264 and a 200-day simple moving average (SMA200) of $1.294435.
The stock witnessed a 119.66% gain in the last 1 month and extending the period to 3 months gives it a 94.29%, and is 22.89% 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 16.21% over the week and 15.23% over the month.
Energy Vault Holdings Inc (NRGV) has around 183 employees, a market worth around $334.90M and $301.97M in sales. Profit margin for the company is -29.29%. Distance from 52-week low is 161.54% and -36.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.98%).
with sales reaching $13.4M over the same period.The EPS is expected to grow by 24.32% this year, but quarterly earnings will post -77.60% year-over-year. Quarterly sales are estimated to shrink -92.20% in year-over-year returns.
Energy Vault Holdings Inc (NRGV) Top Institutional Holders
143.0 institutions hold shares in Energy Vault Holdings Inc (NRGV), with institutional investors hold 47.37% of the company’s shares. The shares outstanding are 146.58M, and float is at 77.42M with Short Float at 21.79%. Institutions hold 38.00% 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
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Still, SEC filings show that on Oct 10 ’24, Terruzzin Marco (Officer) Proposed Sale 22,222 shares at an average price of $0.95 for $21093.0. The insider now directly holds shares of Energy Vault Holdings Inc (NRGV).
