Nuvve (NASDAQ:NVVE) Releases Earnings Results

Nuvve (NASDAQ:NVVE) announced 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 Price Performance

NASDAQ NVVE traded down $0.11 on Monday, hitting $1.51. 99,587 shares of the company were exchanged, compared to its average volume of 618,221. Nuvve has a twelve month low of $1.34 and a twelve month high of $17.30. The company’s 50 day moving average price is $2.34 and its 200-day moving average price is $3.32. The firm has a market capitalization of $1.95 million, a P/E 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.