Energy Vault Holdings Inc (NYSE: NRGV) is -18.45% lower on its value in year-to-date trading and has touched a low of $0.78 and a high of $2.68 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 $1.90 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.90, the stock is 10.40% and 17.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing 0.00% at the moment leaves the stock 44.84% off its SMA200. NRGV registered -0.52% loss for a year compared to 6-month gain of 71.17%. The firm has a 50-day simple moving average (SMA 50) of $1.6032 and a 200-day simple moving average (SMA200) of $1.310685.
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The stock witnessed a -5.47% loss in the last 1 month and extending the period to 3 months gives it a 106.52%, and is 10.47% 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 11.87% over the week and 13.99% over the month.
Energy Vault Holdings Inc (NRGV) has around 183 employees, a market worth around $289.03M and $130.96M in sales. Profit margin for the company is -73.37%. Distance from 52-week low is 143.59% and -29.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-53.33%).
The EPS is expected to grow by 18.48% this year
144.0 institutions hold shares in Energy Vault Holdings Inc (NRGV), with institutional investors hold 47.67% of the company’s shares. The shares outstanding are 151.54M, and float is at 78.93M with Short Float at 21.65%. Institutions hold 38.21% 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
Energy Vault Holdings Inc disclosed in a document filed with the SEC on Nov 22 ’24 that Piconi Robert (Chief Executive Officer) bought a total of 150,000 shares of the company’s common stock. The trade occurred on Nov 22 ’24 and was made at $1.57 per share for $0.24 million. Following the transaction, the insider now directly holds 17.62 million shares of the NRGV stock.
Still, SEC filings show that on Nov 11 ’24, Piconi Robert (Chief Executive Officer) disposed off 2,859 shares at an average price of $2.09 for $5967.0. The insider now directly holds 17,473,361 shares of Energy Vault Holdings Inc (NRGV).
