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How to Buy Nuvve Holding Stock

Nuvve Holding Corp

Nuvve Holding Corp. , a green energy technology company, develops and commercializes vehicle-to-grid (V2G) technology in North America, Europe, and Japan.

Nuvve Holding stock last closed at $0.72, down 0.41% from the previous day, and has decreased 96.66% in one year. It has underperformed other stocks in the Specialty Retail industry by 1.04 percentage points. Nuvve Holding stock is currently +12.81% from its 52-week low of $0.64, and -97.99% from its 52-week high of $36.00.

There are currently 6.07M shares of NVVE outstanding. The market value of NVVE is $4.38M. In the past 24 hours, 120,517 NVVE shares were traded.

How to Buy Nuvve Holding Stock

Wondering how to invest in Nuvve Holding stock? Here's how.
  1. Decide where to buy Nuvve Holding stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Nuvve Holding stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your method of payment and add your info.
  4. Analyze Nuvve Holding stock: The Nuvve Holding ticker symbol is NVVE. Is Nuvve Holding stock a good investment? Should you buy shares of NVVE? How do NVVE's underlying business fundamentals look? Do top analysts think Nuvve Holding is a good buy? Why has NVVE's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if NVVE is a good stock to buy).
  5. Make your NVVE trade: Decide if you will purchase NVVE shares at the current market price or use a limit order to buy NVVE shares at a specific price.
  6. Get updates on your NVVE position: Create a watchlist to keep tabs on your position in Nuvve Holding shares.

Step 1: Decide where to buy Nuvve Holding stock

You need an online brokerage account to access the NASDAQ market and buy NVVE shares.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal details so you are able to invest in NVVE stock today.

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  2. Enter your personal details to create a new brokerage account.
  1. Submit your data by clicking the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on one of the most highly reviewed stock market apps, you need to deposit funds:

Check out the tutorial below for more details depositing funds into your new brokerage account.

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Step 4: Analyze Nuvve Holding stock

Once you have identified the best place to buy Nuvve Holding stock, it's very important to evaluate their stock prior to buying, so you truly understand the risk and upside.

Nuvve Holding stock at a glance

NVVE Price
$0.72
1w %
-2.3%
1y %
-96.66%
5y %
N/A
P/E
-0.02x
P/B
0.59x
P/S
0.07x
PEG
N/A
Revenue
$8.33M
Earnings
-$32.22M
Fore. Rev. Growth
1,340.2%
Fore. Earn. Growth
N/A
Market Cap
$4.38M
Next Earnings
May 9, 2024
Next Dividend
N/A

NVVE Zen Score

WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on NVVE's stock page.

Is NVVE stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NVVE's intrinsic value.

Using relative valuations ratios:

  • NVVE may be undervalued based on its P/B ratio of 0.59x, relative to Specialty Retail industry P/B ratio of 10.69x

You can do more valuation research on NVVE's stock here.

NVVE Financial Health Overview

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the NVVE balance sheet.
  • There are more short-term assets than long-term liabilities on the NVVE balance sheet.

Negative Financial Indicators:

  • Total NVVE debt is higher than 5 years ago, relative to shareholder equity.
  • NVVE has $2.01M in cash and short term investments. This is not enough to cover its annual cash burn of $21.44M.
  • NVVE has cash burn of 21442761. It does not have sufficient cash and short-term investments to cover this.
  • NVVE has a relatively high debt to equity ratio of 1.87.
  • NVVE profit margin has gone up by 0.77 percentage points in the past year, but the company is still unprofitable.

You can dig deeper into what analysts are saying on the Nuvve Holding stock forecast page.

NVVE Trading Indicators

SMA10
0.71
SMA20
0.7
SMA50
0.77
SMA100
2.25
SMA200
8.51
MACD
-0.05
MACD Signal
-0.07
MACD Histogram
0.02
RSI
45.01
Stochastic %K
19.67
Stochastic %D
30.62
StochRSI %K
69.67
StochRSI %D
59.7

Is NVVE Making Money?

Last year, NVVE revenue was $8.33M. In the last 5 year, NVVE's revenue has grown by 42.81% per year. This was faster than the Specialty Retail industry average of 11.65%.

Dive into NVVE's earnings and revenue performance here.

Are NVVE insiders buying or selling the stock?

Over the past year, insiders at NVVE have bought more shares than they have sold.

Gregory Poilasne, Chief Executive Officer of NVVE, was the latest NVVE insider to buy. They bought $50,000.00 worth of NVVE stock on Feb 2, 2024.

Dig into more about who owns NVVE shares here.

Can I get consistent income from NVVE stock?

No, Nuvve Holding doesn't provide an income stream by paying out dividends.

NVVE Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your NVVE trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

Hit the Open Trade button and eToro will place the order.

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Step 6: Get updates on your NVVE position

Now that you own some shares in NVVE, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to track the latest developments regarding your NVVE stock.

NVVE Feed

How to Buy Stock in Nuvve Holding

To reiterate, here are the 6 steps you need to take to buy Nuvve Holding stock right now:

  1. Decide where to buy Nuvve Holding stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Nuvve Holding stock
  5. Make your NVVE trade
  6. Get updates on your NVVE position

If you require a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Nuvve Holding, add NVVE to your watchlist below.

NASDAQ: NVVE
$0.72-0.00 (-0.41%)
Updated May 2, 2024
Open eToro Account
NASDAQ: NVVE
$0.72-0.00 (-0.41%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nuvve Holding share?

As of May 2, 2024, it costs $0.72 to buy one share of Nuvve Holding stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.36, you can buy 0.5 shares of NVVE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Nuvve Holding stock?

One way to place an order for Nuvve Holding stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.