Nuvve (NASDAQ:NVVE) Trading 4.4% Higher

Nuvve Holding Corp. (NASDAQ:NVVE) shares traded up 4.4% during trading on Monday . The stock traded as high as $0.75 and last traded at $0.72. 60,647 shares were traded during mid-day trading, a decline of 90% from the average session volume of 633,193 shares. The stock had previously closed at $0.69.

Nuvve Stock Performance

The firm’s 50-day simple moving average is $0.81 and its 200 day simple moving average is $4.27. The stock has a market capitalization of $4.35 million, a P/E ratio of -0.02 and a beta of 1.71.

Nuvve (NASDAQ:NVVE) last issued its quarterly earnings results on Thursday, March 28th. The company reported ($6.98) EPS for the quarter. Nuvve had a negative return on equity of 321.17% and a negative net margin of 382.96%. The business had revenue of $1.65 million for the quarter.

Insider Activity

In other news, CEO Gregory Poilasne bought 25,000 shares of the company’s stock in a transaction dated Friday, February 2nd. The shares were bought at an average cost of $2.00 per share, with a total value of $50,000.00. Following the acquisition, the chief executive officer now owns 90,608 shares in the company, valued at $181,216. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 13.30% of the stock is owned by insiders.

Nuvve Company Profile

Nuvve Holding Corp., a green energy technology company, develops and commercializes vehicle-to-grid (V2G) technology in the United States, the United Kingdom, and Denmark. The company offers fleet and electric bus charging solutions, and V1G and V2G charging stations based on Grid Integrated Vehicle, a V2G technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services.