Nuvve Holding Corp [NASDAQ: NVVE] price plunged by -2.25 percent to reach at $0.0.
A sum of 99491957 shares traded at recent session while its average daily volume was at 8.89M shares. Nuvve Holding Corp shares reached a high of $0.1582 and dropped to a low of $0.1458 until finishing in the latest session at $0.16.
The one-year NVVE stock forecast points to a potential upside of 99.98. The average equity rating for NVVE stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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.
NVVE Stock Performance Analysis:
Nuvve Holding Corp [NVVE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.65. With this latest performance, NVVE shares dropped by -36.86% in over the last four-week period, additionally sinking by -85.80% over the last 6 months – not to mention a drop of -94.99% 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 27.21, with the RSI for the last a single of trading hit 0.0305, and the three-weeks RSI is set at 0.0344 for Nuvve Holding Corp [NVVE]. The present Moving Average for the last 50 days of trading for this stock 0.2343, while it was recorded at 0.1683 for the last single week of trading, and 1.0273 for the last 200 days.
Insight into Nuvve Holding Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Nuvve Holding Corp [NVVE] shares currently have an operating margin of -559.84% and a Gross Margin at 37.35%. Nuvve Holding Corp’s Net Margin is presently recorded at -542.52%.
Nuvve Holding Corp (NVVE) Capital Structure & Debt Analysis
According to recent financial data for Nuvve Holding Corp. ( NVVE), the Return on Equity (ROE) stands at -1026.66%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -151.87%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Nuvve Holding Corp’s Return on Invested Capital (ROIC) is -1387.14%, showcasing its effectiveness in deploying capital for earnings.
Nuvve Holding Corp (NVVE) Efficiency & Liquidity Metrics
Nuvve Holding Corp (NVVE) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Nuvve Holding Corp. (NVVE) effectively leverages its workforce, generating an average of -$749166.67 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.59% and a Quick Ratio of 0.27%, indicating strong ability to cover short-term liabilities.
NVVE Stock EPS
With the latest financial reports released by the company, Nuvve Holding Corp posted -146.96/share EPS, while the average EPS was predicted by analysts to be reported at -128/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -18.96. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NVVE.
Nuvve Holding Corp [NVVE] Institutonal Ownership Details
There are presently around $2.18%, or 2.29%% of NVVE stock, in the hands of institutional investors. The top three institutional holders of NVVE stocks are: GEODE CAPITAL MANAGEMENT, LLC with ownership of 37552.0 shares, which is approximately 0.5631%. UBS GROUP AG, holding 35966.0 shares of the stock with an approximate value of $$28737.0 in NVVE stocks shares; and UBS GROUP AG, currently with $$28000.0 in NVVE stock with ownership which is approximately 0.5167%.
