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Energy Vault Holdings Inc (NRGV) Review – Making Smarter Decisions

Energy Vault Holdings Inc (NYSE: NRGV) is -35.19% 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 $1.47 in the last trading session, with the day’s gains setting it 0.04%.

Currently trading at $1.51, the stock is -14.35% and -11.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 2.72% at the moment leaves the stock 15.09% off its SMA200. NRGV registered -30.41% loss for a year compared to 6-month gain of 56.09%. The firm has a 50-day simple moving average (SMA 50) of $1.68806 and a 200-day simple moving average (SMA200) of $1.313135.

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The stock witnessed a -6.21% loss in the last 1 month and extending the period to 3 months gives it a 42.45%, and is -20.53% down 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 12.31% over the week and 12.02% over the month.

Energy Vault Holdings Inc (NRGV) has around 183 employees, a market worth around $229.70M and $130.96M in sales. Profit margin for the company is -73.37%. Distance from 52-week low is 93.59% and -43.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-53.33%).

with sales reaching $42.51M over the same period.The EPS is expected to grow by 18.48% this year, but quarterly earnings will post -83.82% year-over-year. Quarterly sales are estimated to shrink -64.04% in year-over-year returns.

143.0 institutions hold shares in Energy Vault Holdings Inc (NRGV), with institutional investors hold 47.62% of the company’s shares. The shares outstanding are 151.54M, and float is at 86.48M with Short Float at 19.76%. Institutions hold 38.18% 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 sale by Piconi Robert, the company’s Chief Executive Officer. SEC filings show that Piconi Robert sold 9,697 shares of the company’s common stock on Dec 13 ’24 at a price of $1.83 per share for a total of $17743.0. Following the sale, the insider now owns 17.61 million shares.

Energy Vault Holdings Inc disclosed in a document filed with the SEC on Dec 13 ’24 that Ladwa Akshay (Chief Engineering Officer) sold a total of 23,557 shares of the company’s common stock. The trade occurred on Dec 13 ’24 and was made at $1.83 per share for $43102.0. Following the transaction, the insider now directly holds 1.46 million shares of the NRGV stock.

Still, SEC filings show that on Dec 13 ’24, Wiese Christopher (Chief Operating Officer) disposed off 9,854 shares at an average price of $1.83 for $18030.0. The insider now directly holds 968,073 shares of Energy Vault Holdings Inc (NRGV).

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