Nuvve (NVVE) Stock Price, News & Analysis

Company Overview

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets. Its V2G technology also links EV batteries into a virtual power plant that sells excess power to utility companies or utilizes saved power to reduce building energy peak consumption. In addition, the company offers networked charging stations, infrastructure, software, professional services, support, monitoring, and parts and labor warranties required to run electric vehicle fleets. It serves its products to owners/operators of light duty fleets, heavy duty fleets, automotive manufacturers, charge point operators, and strategic partners. The company was founded in 2010 and is headquartered in San Diego, California.

Key Stats

• Today's Range: $2.77 to $3.08
• 50-Day Range: $2.82 to $4.59
• 52-Week Range: $2.71 to $72.70
• Volume: 20,582 shs
• Average Volume: 301,321 shs
• Market Capitalization: $2.51 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Nuvve Stock Analysis - MarketRank™

Nuvve scored higher than 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Nuvve.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Nuvve is -0.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nuvve is -0.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Nuvve has a P/B Ratio of 0.14. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.73% of the float of Nuvve has been sold short.

Short Interest Ratio / Days to Cover

Nuvve has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nuvve has recently increased by 17.12%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nuvve does not currently pay a dividend.

Dividend Growth

Nuvve does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.73% of the float of Nuvve has been sold short.

Short Interest Ratio / Days to Cover

Nuvve has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nuvve has recently increased by 17.12%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.46

News Sentiment

Nuvve has a news sentiment score of 1.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Nuvve this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Nuvve insiders have bought more of their company's stock than they have sold. Specifically, they have bought $10,802.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 4.10% of the stock of Nuvve is held by insiders.

Percentage Held by Institutions

Only 19.01% of the stock of Nuvve is held by institutions.

NVVE Stock Analysis - Frequently Asked Questions

How have NVVE shares performed this year?

Nuvve's stock was trading at $49.80 at the start of the year. Since then, NVVE shares have decreased by 94.2% and is now trading at $2.87.
View the best growth stocks for 2024 here.

How were Nuvve's earnings last quarter?

Nuvve Holding Corp. (NASDAQ:NVVE) announced its quarterly earnings data on Tuesday, May, 14th. The company reported ($16.90) earnings per share (EPS) for the quarter. The company had revenue of $0.78 million for the quarter. Nuvve had a negative trailing twelve-month return on equity of 1,604.08% and a negative net margin of 389.87%.

When did Nuvve's stock split?

Nuvve's stock reverse split before market open on Tuesday, September 17th 2024. The 1-10 reverse split was announced on Friday, September 13th 2024. The number of shares owned by shareholders was adjusted after the market closes on Monday, September 16th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Nuvve's major shareholders?

Nuvve's top institutional shareholders include Partners Group Holding AG (971.74%). Insiders that own company stock include Gregory Poilasne, Ted C Smith and David Robson.
View institutional ownership trends.

How do I buy shares of Nuvve?

Shares of NVVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nuvve own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nuvve investors own include Enovix (ENVX), Rambus (RMBS), COMPASS Pathways (CMPS), Ginkgo Bioworks (DNA), Toast (TOST), Saia (SAIA) and Globant (GLOB).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Power, distribution & specialty transformers
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:NVVE
• CUSIP: N/A
• CIK: 1836875
• Web: nuvve.com
• Phone: 619-456-5161
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($95.87)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-31,280,000.00
• Net Margins: -389.87%
• Pretax Margin: -381.85%
• Return on Equity: -1,604.08%
• Return on Assets: -98.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.15
• Quick Ratio: 0.52

Sales & Book Value

• Annual Sales: $4.71 million
• Price / Sales: 0.53
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $20.70 per share
• Price / Book: 0.14

Miscellaneous

• Outstanding Shares: 875,000
• Free Float: 839,000
• Market Cap: $2.51 million
• Optionable: Optionable
• Beta: 1.90