Nuvve (NASDAQ:NVVE) Shares Up 4.4%

Shares of Nuvve Holding Corp. (NASDAQ:NVVE) rose 4.4% during trading on Monday . The stock traded as high as $0.75 and last traded at $0.72. Approximately 60,647 shares changed hands during trading, a decline of 90% from the average daily volume of 633,193 shares. The stock had previously closed at $0.69.

Nuvve Price Performance

The firm has a market capitalization of $4.43 million, a price-to-earnings ratio of -0.02 and a beta of 1.71. The firm’s 50 day moving average is $0.80 and its 200 day moving average is $4.15.

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

Insider Activity at Nuvve

In other news, CEO Gregory Poilasne purchased 25,000 shares of Nuvve stock in a transaction that occurred on Friday, February 2nd. The stock was acquired at an average price of $2.00 per share, for a total transaction of $50,000.00. Following the transaction, the chief executive officer now owns 90,608 shares in the company, valued at $181,216. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.