Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Energy Vault Holdings Inc’s current trading price is -25.19% away from its 52-week high, while its distance from the 52-week low is 157.05%. The stock’s price range during this period has varied between $0.78 and $2.68. The company, active in the Utilities sector, saw a trading volume of around 1.02 million for the day, considerably lower average daily volume of 1.35 million observed over the last three months.
Energy Vault Holdings Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $2.68 on 12/28/23, and the lowest price during the same period was recorded at $0.78 on 09/13/24.
How Financial Performance Impacts Market Capitalization
Energy Vault Holdings Inc (NRGV) has experienced a quarterly rise of 113.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 305.00M and boasts a workforce of 183 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.3468, with a change in price of +0.9808. Similarly, Energy Vault Holdings Inc recorded 1,075,652 in trading volume during the last 100 days, posting a change of +95.22%.
How NRGV’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for NRGV stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
NRGV Stock Stochastic Average
As of today, the raw stochastic average of Energy Vault Holdings Inc over the past 50 days is 78.48%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 76.82%. Additionally, the Stochastic %K and %D values for the company were 51.18% and 32.20%, respectively, over the past 20 days.
NRGV Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -13.95%.However, over the last six months, we can see a weaker performance of 101.20%. Over the last 30 days, the price of NRGV has fallen by 26.10%. And in the last five days, it has surged by 9.56%.
