How to Buy Energy Vault Holdings Stock
Energy Vault Holdings Inc
Energy Vault Holdings is a renewable energy company located in California, United States, which is part of the Utilities sector, and is traded under the ticker NRGV on the NYSE exchange.
Energy Vault Holdings stock last closed at $1.27, down 2.31% from the previous day, and has decreased 25.73% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.28 percentage points. Energy Vault Holdings stock is currently +20.95% from its 52-week low of $1.05, and -64.23% from its 52-week high of $3.55.
As of Apr 30, 2024, there are 147.08M NRGV shares outstanding. The market cap of NRGV is $186.79M. In the past 24 hours, 462,415 NRGV shares were traded.
How to Buy Energy Vault Holdings Stock
Wondering how to invest in Energy Vault Holdings stock? Here's how.
- Figure out where to buy Energy Vault Holdings stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Energy Vault Holdings stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Analyze Energy Vault Holdings stock: The Energy Vault Holdings ticker symbol is NRGV. Is Energy Vault Holdings stock a good investment? Should you buy shares of NRGV? How do NRGV's underlying business fundamentals look? Do top analysts think Energy Vault Holdings is a good buy? Why has NRGV's stock price moved recently? (Hint: Our stock research tools can help you understand if NRGV is a good stock to buy).
- Execute your NRGV purchase: Decide if you will purchase NRGV shares at the current market price or use a limit order to purchase NRGV shares at a given price.
- Track your NRGV position: Create a watchlist to get the latest news on your position in Energy Vault Holdings stock.
Step 1: Figure out where to buy Energy Vault Holdings stock
You will need a brokerage account to access the NYSE market and buy NRGV stock.
Our recommended brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to invest in NRGV today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on one of the most highly reviewed stock apps, you can securely and quickly fund your account:
Check out the video below for more details transferring funds into your new brokerage account.
Step 4: Analyze Energy Vault Holdings stock
Once you have chosen the best place to buy Energy Vault Holdings stock, it's crucial to evaluate their stock prior to investing, so you truly understand the risk as well as the upside.
Energy Vault Holdings Numbers
NRGV Due Diligence Checks
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on NRGV's stock page.
Is NRGV stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NRGV's intrinsic value.
Using relative valuations measures:
- NRGV may be undervalued based on its P/B ratio of 0.83x, relative to Utilities - Renewable industry P/B ratio of 2.58x
You can access more valuation analysis on NRGV's stock here.
NRGV Financial Health
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the NRGV balance sheet.
- There are more short-term assets than long-term liabilities on the NRGV balance sheet.
- NRGV has cash burn of 129197000. It has enough cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- NRGV has a relatively high debt to equity ratio of 0.52.
- NRGV has $148.18M in cash and short term investments. This is not enough to cover its annual cash burn of $129.20M.
- NRGV profit margin has gone up by 0.25 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy NRGV stock, according to analysts?
Out of 4 sell side analysts who give ratings on NRGV, the consensus analyst rating on NRGV is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Energy Vault Holdings stock forecast page.
NRGV Trading Indicators
Is NRGV Making Money?
Last year, NRGV revenue was $341.54M. In the past one years, NRGV's revenue has grown by 134.13% per year. This was faster than the Utilities - Renewable industry average of 10.53%.
Find out more about NRGV's earnings and revenue performance here.
Latest Insiders Trades at NRGV
Over the last 12 months, executives and large shareholders at NRGV have sold more shares than they have bought.
Akshay Ladwa, Chief Engineering Officer of NRGV, was the latest NRGV insider to sell. They sold $5,701.29 worth of NRGV shares on Apr 12, 2024.
Research more about who owns NRGV stock here.
Can I get consistent income from NRGV stock?
No, Energy Vault Holdings doesn't provide an income stream by paying out dividends.
NRGV Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your NRGV purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you require more info about buying stocks on eToro, watch the how to video below:
Step 6: Track your NRGV position
Now that you own some NRGV stock, you'll want to keep up with your new company.
Make a watchlist to see the latest developments about your NRGV stock.
NRGV Feed
How to Buy Stock in Energy Vault Holdings
To reiterate, here are the 6 steps you need to take to buy Energy Vault Holdings stock right now:
- Figure out where to buy Energy Vault Holdings stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Analyze Energy Vault Holdings stock
- Execute your NRGV purchase
- Track your NRGV position
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Energy Vault Holdings, hit the button below to create your watchlist.
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