Nuvve (NASDAQ:NVVE) Shares Up 4.4%

Nuvve Holding Corp. (NASDAQ:NVVE) shot up 4.4% on Monday . The company traded as high as $0.75 and last traded at $0.72. 60,647 shares traded hands during 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 stock has a 50 day simple moving average of $0.80 and a two-hundred day simple moving average of $4.15. The firm has a market cap of $4.43 million, a PE ratio of -0.02 and a beta of 1.71.

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

Insider Activity

In other Nuvve news, CEO Gregory Poilasne bought 25,000 shares of the company’s stock in a transaction dated Friday, February 2nd. The shares were purchased at an average cost of $2.00 per share, for a total transaction of $50,000.00. Following the transaction, the chief executive officer now directly owns 90,608 shares of the company’s stock, valued at $181,216. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 13.30% of the company’s stock.

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.