Energy Vault (NYSE:NRGV - Get Free Report) is projected to post its quarterly earnings results after the market closes on Monday, March 17th. Analysts expect Energy Vault to post earnings of ($0.14) per share and revenue of $42.51 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
Energy Vault Stock Performance
NYSE:NRGV traded up $0.05 during mid-day trading on Friday, reaching $1.30. The stock had a trading volume of 553,196 shares, compared to its average volume of 962,581. The stock has a market capitalization of $197.00 million, a P/E ratio of -1.99 and a beta of 0.45. Energy Vault has a one year low of $0.78 and a one year high of $2.70. The firm has a 50 day moving average price of $1.81 and a two-hundred day moving average price of $1.55.
Wall Street Analysts Forecast Growth
Separately, TD Cowen reaffirmed a "buy" rating and set a $2.50 price objective on shares of Energy Vault in a research note on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $1.95.
Check Out Our Latest Research Report on NRGV
About Energy Vault
(
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Energy Vault Holdings, Inc develops and sells energy storage solutions. The company offers B-Vault, an electrochemical battery energy storage systems for shorter-duration energy storage needs; G-Vault, a proprietary gravity energy storage solution, including EVx solution; and H-Vault, a hybrid energy storage systems including systems that integrate green hydrogen.
Further Reading
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