Nuvve (NASDAQ:NVVE) Posts Quarterly Earnings Results

Nuvve (NASDAQ:NVVE) released its quarterly earnings results on Monday. The company reported ($5.75) EPS for the quarter, Zacks reports. Nuvve had a negative return on equity of 1,604.08% and a negative net margin of 389.87%.

Nuvve Stock Down 6.8 %

NASDAQ NVVE traded down $0.11 on Monday, hitting $1.51. The stock had a trading volume of 99,587 shares, compared to its average volume of 618,221. The company’s 50-day moving average is $2.34 and its two-hundred day moving average is $3.32. The stock has a market cap of $1.95 million, a price-to-earnings ratio of -0.02 and a beta of 1.83. Nuvve has a one year low of $1.34 and a one year high of $17.30.

About Nuvve

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.