Greenwave Technology Solutions Inc (NASDAQ: GWAV) is -99.46% lower on its value in year-to-date trading and has touched a low of $0.37 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 $0.43 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.46, the stock is 11.29% and 5.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.67 million and changing 7.26% at the moment leaves the stock -98.53% off its SMA200. GWAV registered -99.47% loss for a year compared to 6-month loss of -97.57%. The firm has a 50-day simple moving average (SMA 50) of $0.4372 and a 200-day simple moving average (SMA200) of $31.34393.
The stock witnessed a 13.88% gain in the last 1 month and extending the period to 3 months gives it a -69.46%, and is 15.18% up 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 21.48% over the week and 10.19% over the month.
Greenwave Technology Solutions Inc (GWAV) has around 131 employees, a market worth around $9.33M and $32.65M in sales. Profit margin for the company is -112.10%. Distance from 52-week low is 24.65% and -99.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.27%).
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Greenwave Technology Solutions Inc (GWAV) Top Institutional Holders
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 0.58%. Institutions hold 11.54% of the Float.
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Greenwave Technology Solutions Inc (GWAV) Insider Activity
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