Energy Vault (NRGV) Scheduled to Post Earnings on Tuesday

Energy Vault (NYSE:NRGV) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Energy Vault to post earnings of ($0.15) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Energy Vault Stock Up 12.2 %

NYSE:NRGV opened at $2.11 on Friday. The company has a fifty day moving average of $1.25 and a 200 day moving average of $1.16. Energy Vault has a 52 week low of $0.78 and a 52 week high of $3.01. The firm has a market capitalization of $317.51 million, a P/E ratio of -3.52 and a beta of 0.45.

Wall Street Analyst Weigh In

Separately, Roth Mkm decreased their price objective on shares of Energy Vault from $2.50 to $2.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Two investment analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $2.25.

About Energy Vault

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.