Now Is A Good Time To Buy Energy Vault Holdings Inc (NYSE: NRGV)

During the last session, Energy Vault Holdings Inc (NYSE:NRGV)’s traded shares were 0.56 million, with the beta value of the company hitting 0.71. At the end of the trading day, the stock’s price was $1.26, reflecting an intraday gain of 2.44% or $0.03. The 52-week high for the NRGV share is $3.55, that puts it down -181.75 from that peak though still a striking 16.67% gain since the share price plummeted to a 52-week low of $1.05. The company’s market capitalization is $186.32M, and the average trade volume was 867.48K shares over the past three months.

Energy Vault Holdings Inc (NYSE:NRGV) trade information

Energy Vault Holdings Inc (NRGV) registered a 2.44% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.44% in intraday trading to $1.26, hitting a weekly high. The stock’s 5-day price performance is 16.67%, and it has moved by -27.17% in 30 days. Based on these gigs, the overall price performance for the year is -22.22%.

Energy Vault Holdings Inc (NRGV) estimates and forecasts

Statistics show that Energy Vault Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Energy Vault Holdings Inc (NRGV) shares have gone down -40.28% during the last six months, with a year-to-date growth rate more than the industry average at 50.72% against 8.20. In the rating firms’ projections, revenue will decrease -0.30% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 13M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 37.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 11.42M and 55.3M respectively. In this case, analysts expect current quarter sales to grow by 13.80% and then drop by -31.60% in the coming quarter.

While earnings are projected to return 50.25% in 2024.

NRGV Dividends

Energy Vault Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Energy Vault Holdings Inc (NYSE:NRGV)’s Major holders