Investor Confidence Dwindles After Nuvve Holding Corp. (NASDAQ: NVVE) Shares Gain By About 0.02

Nuvve Holding Corp (NASDAQ:NVVE) has a beta value of 1.80 and has seen 2.51 million shares traded in the recent trading session. The company, currently valued at $4.40M, closed the recent trade at $0.72 per share which meant it gained $0.02 on the day or 3.10% during that session. The NVVE stock price is -4900.0% off its 52-week high price of $36.00 and 11.11% above the 52-week low of $0.64. The 3-month trading volume is 453.30K shares.

Nuvve Holding Corp (NASDAQ:NVVE) trade information

Sporting 3.10% in the green today, the stock has traded in the red over the last five days, when the NVVE stock price touched $0.72 or saw a rise of 23.4%. Year-to-date, Nuvve Holding Corp shares have moved -85.45%, while the 5-day performance has seen it change -0.47%. Over the past 30 days, the shares of Nuvve Holding Corp (NASDAQ:NVVE) have changed -6.74%.

Nuvve Holding Corp (NVVE) estimates and forecasts

The company’s shares have lost -91.57% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 55.10%.

1 analysts offering their estimates for the company have set an average revenue estimate of $1.65 million for the current quarter. 1 have an estimated revenue figure of $4.22 million for the next quarter concluding in Mar 2024. Year-ago sales stood $1.15 million and $1.2 million respectively for this quarter and the next, and analysts expect sales will grow by 43.50% for the current quarter and 251.70% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -51.33% over the past 5 years.

NVVE Dividends

Nuvve Holding Corp is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.