Greenwave Technology Solutions Inc (NASDAQ: GWAV) is -99.14% lower on its value in year-to-date trading and has touched a low of $0.28 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 $0.76 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.73, the stock is 59.21% and 68.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.4 million and changing -4.29% at the moment leaves the stock -93.09% off its SMA200. GWAV registered -98.94% loss for a year compared to 6-month loss of -64.30%. The firm has a 50-day simple moving average (SMA 50) of $0.42754 and a 200-day simple moving average (SMA200) of $11.144285.
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The stock witnessed a 90.60% gain in the last 1 month and extending the period to 3 months gives it a 82.06%, and is 19.01% 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 28.90% over the week and 21.09% over the month.
Greenwave Technology Solutions Inc (GWAV) has around 131 employees, a market worth around $16.38M and $33.92M in sales. Profit margin for the company is -254.20%. Distance from 52-week low is 156.81% and -99.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-152.40%).
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Greenwave Technology Solutions Inc (GWAV) Top Institutional Holders
24.0 institutions hold shares in Greenwave Technology Solutions Inc (GWAV), with institutional investors hold 10.06% of the company’s shares. The shares outstanding are 22.38M, and float is at 19.03M with Short Float at 5.26%. Institutions hold 8.77% of the Float.
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Greenwave Technology Solutions Inc (GWAV) Insider Activity
The most recent transaction is an insider purchase by ADELMAN JASON T, the company’s Director. SEC filings show that ADELMAN JASON T bought 100,000 shares of the company’s common stock on Dec 04 ’24 at a price of $0.66 per share for a total of $66000.0. Following the purchase, the insider now owns 0.4 million shares.
Greenwave Technology Solutions Inc disclosed in a document filed with the SEC on Dec 04 ’24 that SICIGNANO HENRY III (Director) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Dec 04 ’24 and was made at $0.66 per share for $65900.0. Following the transaction, the insider now directly holds 0.4 million shares of the GWAV stock.
Still, SEC filings show that on Dec 04 ’24, Meeks Danny (Chief Executive Officer) acquired 377,002 shares at an average price of $0.66 for $0.25 million. The insider now directly holds 2,122,695 shares of Greenwave Technology Solutions Inc (GWAV).
