Nuvve Holding Corp [NASDAQ: NVVE] closed the trading session at $1.12.
The stocks have a year to date performance of -64.10 percent and weekly performance of 21.15 percent. The stock has been moved at -68.80 percent over the last six months. The stock has performed 19.53 percent around the most recent 30 days and changed -53.33 percent over the most recent 3-months.
If compared to the average trading volume of 5.03M shares, NVVE reached to a volume of 10029472 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Nuvve Holding Corp [NVVE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NVVE shares is $1000.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NVVE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Chardan Capital Markets have made an estimate for Nuvve Holding Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 21, 2021.
The Average True Range (ATR) for Nuvve Holding Corp is set at 0.29, with the Price to Sales ratio for NVVE stock in the period of the last 12 months amounting to 0.76.
NVVE stock trade performance evaluation
Nuvve Holding Corp [NVVE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.15. With this latest performance, NVVE shares gained by 19.53% in over the last four-week period, additionally sinking by -68.80% over the last 6 months – not to mention a drop of -82.81% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NVVE stock in for the last two-week period is set at 50.09, with the RSI for the last a single of trading hit 51.59, and the three-weeks RSI is set at 48.72 for Nuvve Holding Corp [NVVE]. The present Moving Average for the last 50 days of trading for this stock 1.1418, while it was recorded at 1.0306 for the last single week of trading, and 3.0172 for the last 200 days.
Nuvve Holding Corp [NVVE]: An insightful look at the core fundamentals
Nuvve Holding Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.35 and a Current Ratio set at 0.68.
