Energy Vault Holdings Inc (NYSE:NRGV) stock is trading -65.07 percent below its 52-week high

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Chardan Capital Markets raised the price target for the Energy Vault Holdings Inc (NYSE:NRGV) stock from “a Buy” to “a Sell”. The rating was released on April 08, 2024, according to finviz. We previously noted in another research note published on March 13, 2024 by TD Cowen that reiterated the stock to an Outperform with a price target of $5 for NRGV stock. The research report from ROTH MKM has initiated the stock to Buy, with a price target set at $4. In their research brief published June 29, 2022, Chardan Capital Markets analysts initiated the Energy Vault Holdings Inc stock to Buy with a price target of $13.

The latest trade, Performances and Moving Averages give us the following Picture

The firm’s stock price fluctuated -10.79% within the last five trades and 6.90% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -46.32% in the last 6 months and -24.85% was subtracted to its value over the previous 3 months. NRGV stock is trading at a margin of 0.53%, -17.23% and -42.12% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

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As of the close of trading, NRGV deals in the Utilities domain. The stock is trading -65.07 percent below its 52-week high and 18.10 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -33.75. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Energy Vault Holdings Inc’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at -29.13 percent and the profit margin is -26.17 percent, and the company has reported a gross margin of 4.79 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $184.57 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.55 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.86, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 28.41 percent of Energy Vault Holdings Inc shares are owned by insiders, and 21.05 percent are held by financial institutions. Terruzzin Marco, the Chief Product Officer at Energy Vault Holdings Inc (NRGV) has sold 9,400 shares of firm on May 03 ’24 at a price of $1.25 against the total amount of $11759.0. In another inside trade, Ladwa Akshay, Chief Engineering Officer of Energy Vault Holdings Inc (NYSE:NRGV) sold 8,339 shares of the firm on May 03 ’24 for a total worth of $10432.0 at a price of $1.25. An inside trade which took place on May 03 ’24, Chief Marketing Officer of Energy Vault Holdings Inc ALEXANDER LAURENCE sold 5,150 shares of firm against total price of $6443.0 at the cost of $1.25 per share.