Greenwave Technology Solutions Inc (NASDAQ: GWAV) is -99.56% lower on its value in year-to-date trading and has touched a low of $0.38 and a high of $154.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GWAV stock was last observed hovering at around $0.39 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.37, the stock is -8.84% and -37.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing -4.84% at the moment leaves the stock -98.99% off its SMA200. GWAV registered -99.60% loss for a year compared to 6-month loss of -98.33%. The firm has a 50-day simple moving average (SMA 50) of $0.57424 and a 200-day simple moving average (SMA200) of $36.48411.
The stock witnessed a -11.81% gain in the last 1 month and extending the period to 3 months gives it a -77.51%, and is -7.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.27% over the week and 8.96% over the month.
Greenwave Technology Solutions Inc (GWAV) has around 131 employees, a market worth around $7.55M and $32.65M in sales. Profit margin for the company is -112.10%. Distance from 52-week low is -0.74% and -99.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.27%).
21.0 institutions hold shares in Greenwave Technology Solutions Inc (GWAV), with institutional investors hold 13.25% of the company’s shares. The shares outstanding are 20.22M, and float is at 19.37M with Short Float at 0.71%. Institutions hold 11.54% of the Float.
