12.2 C
New York
Monday, June 5, 2023

There’s No Need To Panic Or Freeze When It Comes To Energy Vault Holdings Inc. (NYSE: NRGV)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Energy Vault Holdings Inc. (NRGV) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $2.00. The Energy Vault Holdings Inc. has recorded 10,042 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Energy Vault Reports First Quarter 2023 Earnings Results.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

The company is listed on the NYSE and operates within the Utilities – Renewable industry segment. At the end of the last regular session, the stock closed at $2.00 and fluctuated between $2.1800 as its day high and $1.8300 as its day low. The current market capitalization of Energy Vault Holdings Inc. is $265.56M. A total of 1.5 million shares were traded on the day, compared to an average of 1.33M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, NRGV has seen 9 BUY and 24 SELL insider trades, representing the acquisition of 1,282,069 and the disposition of 699,530 shares. Over the last 12 months, there were 30 BUYs and 53 SELLs from insiders. Insiders purchased 11,245,129 shares during that period but sold 36,337,613.

In the most recent transaction, Pedretti Andrea sold 25,000 shares of NRGV for 1.70 per share on May 01. After the transaction, the Chief Technology Officer now owns 2,148,216 company shares. In a previous transaction on Apr 17, Pedretti Andrea sold 25,000 shares at 1.77 per share. NRGV shares that Chief Technology Officer owns now total 2,173,216.

Among the insiders who sold shares, Pedretti Andrea disposed of 25,000 shares on Apr 03 at a per-share price of $1.95. This resulted in the Chief Technology Officer holding 2,215,098 shares of NRGV after the transaction. In another insider transaction, Piconi Robert bought 40,000 shares at $2.24 per share on Mar 15. Company shares held by the Chief Executive Officer now total 6,443,192.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for NRGV in the last 3 months, the mean price target is $6.45 with high estimates of $12.00 and low estimates of $1.75. In terms of 52-week highs and lows, NRGV has a high of $16.40 and a low of $1.35.

As of this writing, NRGV has an earnings estimate of -$0.21 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.17 per share and a lower estimate of -$0.24. The company reported an EPS of -$0.17 in the last quarter, which was -13.30% lower than expectations of -$0.15.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NRGV’s latest balance sheet shows that the firm has $105.12M in Cash & Short Term Investments as of fiscal 2021. There were $1.36M in debt and $7.34M in liabilities at the time. Its Book Value Per Share was $2.10, while its Total Shareholder’s Equity was -$68.67M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NRGV is Buy with a score of 4.20.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles