Greenwave Technology Solutions Inc (GWAV) plunge -6.19% in a week: will this be a lucky break through?

Witnessing the stock’s movement on the chart, on Tuesday, Greenwave Technology Solutions Inc (NASDAQ: GWAV) set off with pace as it heaved 4.29% to $0.61, before settling in for the price of $0.58 at the close. Taking a more long-term approach, GWAV posted a 52-week range of $0.28-$154.50.

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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 23291.83%. Meanwhile, its Annual Earning per share during the time was 39.15%. This publicly-traded company’s shares outstanding now amounts to $22.38 million, simultaneously with a float of $17.26 million. The organization now has a market capitalization sitting at $14.12 million. At the time of writing, stock’s 50-day Moving Average stood at $0.4855, while the 200-day Moving Average is $5.9181.

Greenwave Technology Solutions Inc (GWAV) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Waste Management industry. Greenwave Technology Solutions Inc’s current insider ownership accounts for 22.89%, in contrast to 4.99% institutional ownership. According to the most recent insider trade that took place on Dec 04 ’24, this organization’s Director bought 100,000 shares at the rate of 0.66, making the entire transaction reach 66,000 in total value, affecting insider ownership by 400,000. Preceding that transaction, on Dec 04 ’24, Company’s Director bought 100,000 for 0.66, making the whole transaction’s value amount to 65,900. This particular insider is now the holder of 400,000 in total.

Greenwave Technology Solutions Inc (NASDAQ: GWAV) Trading Performance Indicators

Let’s observe the current performance indicators for Greenwave Technology Solutions Inc (GWAV). It’s Quick Ratio in the last reported quarter now stands at 1.36. The Stock has managed to achieve an average true range (ATR) of 0.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.42.

In the same vein, GWAV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -286.04.

Technical Analysis of Greenwave Technology Solutions Inc (GWAV)

Going through the that latest performance of [Greenwave Technology Solutions Inc, GWAV]. Its last 5-days volume of 4.26 million indicated improvement to the volume of 3.94 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 11.26% While, its Average True Range was 0.0973.

Raw Stochastic average of Greenwave Technology Solutions Inc (GWAV) in the period of the previous 100 days is set at 39.76%, which indicates a major rise in contrast to 9.02% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 112.15% that was lower than 141.37% volatility it exhibited in the past 100-days period.