Nuvve (NASDAQ:NVVE) Announces Quarterly Earnings Results

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

Nuvve Price Performance

NVVE stock traded down $0.11 during trading on Monday, hitting $1.51. 99,478 shares of the stock traded hands, compared to its average volume of 618,218. 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 1 year low of $1.34 and a 1 year high of $17.30. The firm’s 50 day moving average is $2.34 and its two-hundred day moving average is $3.32.

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.