In recent trading session, Energy Vault Holdings Inc (NYSE:NRGV) saw 0.4 million shares changing hands at last check today with its beta currently measuring 0.44. Company’s recent per share price level of $2.06 trading at -$0.13 or -6.15% at last check today assigns it a market valuation of $312.65M. That most recent trading price of NRGV’s stock is at a discount of -30.58% from its 52-week high price of $2.69 and is indicating a premium of 62.14% from its 52-week low price of $0.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.58 million shares which gives us an average trading volume of 1.67 million if we extend that period to 3-months.
For Energy Vault Holdings Inc (NRGV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Energy Vault Holdings Inc (NYSE:NRGV) trade information
Upright in the red during last session for losing -6.15%, in the last five days NRGV remained trading in the red while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $2.06 price level, adding 23.42% to its value on the day. Energy Vault Holdings Inc’s shares saw a change of -9.86% in year-to-date performance and have moved -10.64% in past 5-day. Energy Vault Holdings Inc (NYSE:NRGV) showed a performance of 16.12% in past 30-days. Number of shares sold short was 17.81 million shares which calculate 13.08 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2.5 to the stock, which implies a rise of 17.6% to its recent value today. Analysts have been projecting 0.75 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would jump 63.59% in reaching the projected high whereas dropping to the targeted low would mean a gain of 63.59% for stock’s current value.
Energy Vault Holdings Inc (NRGV) estimates and forecasts
Statistics highlight that Energy Vault Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 74.18% of value to its shares in past 6 months, showing an annual growth rate of 7.25% while that of industry is -3.90. Apart from that, the company came raising its revenue forecast for fiscal year 2025.
Energy Vault Holdings Inc (NYSE:NRGV)’s Major holders
Insiders are in possession of 19.83% of company’s total shares while institution are holding 38.10 percent of that, with stock having share float percentage of 47.52%. Investors also watch the number of corporate investors in a company very closely, which is 38.10% institutions for Energy Vault Holdings Inc that are currently holding shares of the company. SB INVESTMENT ADVISERS (UK) LTD is the top institutional holder at NRGV for having 18.54 million shares of worth $17.6 million. And as of 2024-06-30, it was holding 12.6076 of the company’s outstanding shares.
The second largest institutional holder is SAILINGSTONE CAPITAL PARTNERS LLC, which was holding about 8.15 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.5417 of outstanding shares, having a total worth of $7.74 million.
On the other hand, Victory Portfolios-Victory Global Energy Transition Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 4.81 shares of worth $9.79 million or 3.16% of the total outstanding shares. The later fund manager was in possession of 2.39 shares on Oct 31, 2024, making its stake of worth around $4.87 million in the company or a holder of 1.57% of company’s stock.
