Nuvve Holding Corp (NASDAQ: NVVE) Could Soon Experience A Sharp Increase In Its Share Price.

In today’s recent session, 10.96 million shares of the Nuvve Holding Corp (NASDAQ:NVVE) have been traded, and its beta is 1.87. Most recently the company’s share price was $5.95, and it changed around $1.71 or 40.33% from the last close, which brings the market valuation of the company to $3.89M. NVVE at last check was trading at a discount to its 52-week high of $181.16, offering almost -2944.71% off that amount. The share price’s 52-week low was $3.51, which indicates that the recent value has risen by an impressive 41.01% since then. We note from Nuvve Holding Corp’s average daily trading volume that its 10-day average is 63064.0 shares, with the 3-month average coming to 46.32K.

Nuvve Holding Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended NVVE as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Nuvve Holding Corp (NASDAQ:NVVE) trade information

Instantly NVVE has been showing a green trend so far today with a performance of 40.33% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 7.60 on recent trading dayincreased the stock’s daily price by 21.71%. The company’s shares are currently down -88.05% year-to-date, but still up 45.12% over the last five days. On the other hand, Nuvve Holding Corp (NASDAQ:NVVE) is 22.66% up in the 30-day period. We can see from the shorts that 11373.0 shares have been sold at a short interest cover period of 0.47 day(s).

The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to increase their stock price by 45.91% from its current value. Analyst projections state that NVVE is forecast to be at a low of $11 and a high of $11.

Nuvve Holding Corp (NASDAQ:NVVE)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 249.31% of Nuvve Holding Corp shares, and 256.25% of them are in the hands of institutional investors. The stock currently has a share float of -171.62%. Nuvve Holding Corp stock is held by 34.0 institutions, with FARTHER FINANCE ADVISORS, LLC being the largest institutional investor. By 2024-06-30, it held 0.0003% of the shares, which is about 13.0 shares worth $9.0.

YOUR ADVOCATES LTD., LLP, with 0.0001% or 3.0 shares worth $2.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.

Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Jul 31, 2024. The former held 3.59 shares worth $19140.0, making up 0.00% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 445.0 shares worth around $2372.0, which represents about 0.00% of the total shares outstanding.