Nuvve (NASDAQ:NVVE – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.
Nuvve Stock Up 3.6%
NVVE stock opened at $1.16 on Friday. The company has a market capitalization of $4.29 million, a price-to-earnings ratio of -0.01 and a beta of 2.00. Nuvve has a 12 month low of $0.82 and a 12 month high of $17.30. The firm has a 50 day moving average of $1.09 and a two-hundred day moving average of $2.23.
Nuvve (NASDAQ:NVVE – Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($3.26) EPS for the quarter. The business had revenue of $0.93 million during the quarter. Nuvve had a negative return on equity of 1,604.08% and a negative net margin of 389.87%.
Nuvve Company Profile
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.
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