Energy Vault Holdings Inc (NYSE: NRGV)’s stock price has gone rise by 2.59 in comparison to its previous close of 2.12, however, the company has experienced a 13.87% increase in its stock price over the last five trading days. seekingalpha.com reported 2025-01-19 that I reiterate my Buy rating on Energy Vault Holdings (NRGV) due to improved revenue visibility and promising new deals, including a partnership with NuCube Energy. Energy Vault’s recent agreement with NuCube Energy leverages its advanced material science technologies to develop shielding and containment systems for NuSun microreactors, enhancing safety and production efficiency. Despite a challenging Q3 with a 99.3% Y/Y revenue decline, Energy Vault’s strong gross margins and growing backlog signal a positive long-term outlook.
Is It Worth Investing in Energy Vault Holdings Inc (NYSE: NRGV) Right Now?
The stock has a 36-month beta value of 0.41. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NRGV is 86.53M, and at present, short sellers hold a 21.40% of that float. On January 24, 2025, the average trading volume of NRGV was 1.58M shares.
NRGV’s Market Performance
NRGV’s stock has seen a 13.87% increase for the week, with a 28.70% rise in the past month and a 15.08% gain in the past quarter. The volatility ratio for the week is 8.25%, and the volatility levels for the past 30 days are at 12.64% for Energy Vault Holdings Inc The simple moving average for the past 20 days is 1.20% for NRGV’s stock, with a 61.12% simple moving average for the past 200 days.
Analysts’ Opinion of NRGV
TD Cowen, on the other hand, stated in their research note that they expect to see NRGV reach a price target of $5, previously predicting the price at $6. The rating they have provided for NRGV stocks is “Outperform” according to the report published on March 13th, 2024.
ROTH MKM gave a rating of “Buy” to NRGV, setting the target price at $4 in the report published on January 16th of the previous year.
NRGV Trading at 14.64% from the 50-Day Moving Average
After a stumble in the market that brought NRGV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.29% of loss for the given period.
Volatility was left at 12.64%, however, over the last 30 days, the volatility rate increased by 8.25%, as shares surge +23.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.32% upper at present.
During the last 5 trading sessions, NRGV rose by +14.14%, which changed the moving average for the period of 200-days by +37.97% in comparison to the 20-day moving average, which settled at $2.15. In addition, Energy Vault Holdings Inc saw -4.61% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NRGV starting from Ladwa Akshay, who sale 4,762 shares at the price of $1.96 back on Jan 10 ’25. After this action, Ladwa Akshay now owns 1,457,602 shares of Energy Vault Holdings Inc, valued at $9,318 using the latest closing price.
Ladwa Akshay, the Officer of Energy Vault Holdings Inc, proposed sale 4,762 shares at $1.96 during a trade that took place back on Jan 10 ’25, which means that Ladwa Akshay is holding shares at $9,318 based on the most recent closing price.
Stock Fundamentals for NRGV
Current profitability levels for the company are sitting at:
- -0.78 for the present operating margin
- 0.05 for the gross margin
The net margin for Energy Vault Holdings Inc stands at -0.73. The total capital return value is set at -0.56. Equity return is now at value -46.04, with -34.73 for asset returns.
Based on Energy Vault Holdings Inc (NRGV), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 1.65. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -966.76.
Currently, EBITDA for the company is -97.86 million with net debt to EBITDA at 0.52. When we switch over and look at the enterprise to sales, we see a ratio of 2.21. The receivables turnover for the company is 4.35for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.
Conclusion
To sum up, Energy Vault Holdings Inc (NRGV) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
