Nuvve (NASDAQ:NVVE) Releases Quarterly Earnings Results

Nuvve (NASDAQ:NVVE) issued its earnings results on Monday. The company reported ($5.75) earnings per share (EPS) 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 Trading Down 6.8 %

NVVE stock opened at $1.51 on Tuesday. Nuvve has a 1-year low of $1.34 and a 1-year high of $17.30. The business’s 50 day simple moving average is $2.32 and its 200 day simple moving average is $3.30. The firm has a market capitalization of $1.95 million, a PE ratio of -0.02 and a beta of 1.83.

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.