Nuvve Holding Corp (NASDAQ: NVVE)’s stock price has increased by 39.58 compared to its previous closing price of 2.40. However, the company has seen a 36.73% increase in its stock price over the last five trading sessions. businesswire.com reported 2025-02-28 that SAN DIEGO–(BUSINESS WIRE)—- $NVVE #EVs–Nuvve Holding Corp. (NASDAQ: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G) technology, announced on Tuesday, Feb. 25, 2025 it was awarded a contract from the State of New Mexico (SONM), a $400 million1 opportunity over the next 4 years, to provide a comprehensive, turnkey electrification solution to support New Mexico’s ambitious zero-emission vehicle (ZEV) adoption and renewable energy goals. This contract is based on Nuvve’s December 2024 s.
Is It Worth Investing in Nuvve Holding Corp (NASDAQ: NVVE) Right Now?
Additionally, the 36-month beta value for NVVE is 1.84. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for NVVE is 1.04M and currently, short sellers hold a 7.67% ratio of that float. The average trading volume of NVVE on February 28, 2025 was 326.88K shares.
NVVE’s Market Performance
NVVE stock saw an increase of 36.73% in the past week, with a monthly gain of 21.82% and a quarterly increase of -8.47%. The volatility ratio for the week is 9.33%, and the volatility levels for the last 30 days are 15.79% for Nuvve Holding Corp (NVVE). The simple moving average for the last 20 days is 18.58% for NVVE stock, with a simple moving average of -28.28% for the last 200 days.
Analysts’ Opinion of NVVE
Many brokerage firms have already submitted their reports for NVVE stocks, with Chardan Capital Markets repeating the rating for NVVE by listing it as a “Buy.” The predicted price for NVVE in the upcoming period, according to Chardan Capital Markets is $24 based on the research report published on December 21, 2021 of the previous year 2021.
NVVE Trading at 13.60% from the 50-Day Moving Average
After a stumble in the market that brought NVVE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.64% of loss for the given period.
Volatility was left at 15.79%, however, over the last 30 days, the volatility rate increased by 9.33%, as shares surge +39.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.24% upper at present.
During the last 5 trading sessions, NVVE rose by +53.47%, which changed the moving average for the period of 200-days by -46.03% in comparison to the 20-day moving average, which settled at $2.85. In addition, Nuvve Holding Corp saw 7.37% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NVVE starting from Poilasne Gregory, who sale 1,680 shares at the price of $0.00 back on Dec 31 ’24. After this action, Poilasne Gregory now owns 7,381 shares of Nuvve Holding Corp, valued at $0 using the latest closing price.
Smith Ted C., the President and COO of Nuvve Holding Corp, purchase 7,155 shares at $2.88 during a trade that took place back on Dec 20 ’24, which means that Smith Ted C. is holding 12,855 shares at $20,606 based on the most recent closing price.
Stock Fundamentals for NVVE
Current profitability levels for the company are sitting at:
- -4.43 for the present operating margin
- 0.36 for the gross margin
The net margin for Nuvve Holding Corp stands at -3.94. The total capital return value is set at -2.4. Equity return is now at value -274.78, with -74.19 for asset returns.
Based on Nuvve Holding Corp (NVVE), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at -3.44.
Currently, EBITDA for the company is -31.71 million with net debt to EBITDA at -0.35. When we switch over and look at the enterprise to sales, we see a ratio of 2.31. The receivables turnover for the company is 3.02for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In conclusion, Nuvve Holding Corp (NVVE) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
