Putting The Spotlight On Greenwave Technology Solutions Inc (GWAV)

Greenwave Technology Solutions Inc (NASDAQ:GWAV) currently has a daily average trading volume of 1.40M but it saw 2314596 shares traded in last market. With a market cap of 24.60M USD, the company’s current market price of $3.48 came falling about -13.65 while comparing to the previous closing price of $4.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $168.00 and as low as $3.90.

Taking a look at 20-day trading activity of Greenwave Technology Solutions Inc (GWAV) gives us an average price of $10.10, while its current price level is -97.93% below from 52-week high level whereas it is -10.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.46 while that of 200 days or SMA-200 reads an average of $73.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.60% during that period while stretching the period over a month that increases to 45.58%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.38 which implies that the stock is in neutral territory.

Over the week, GWAV’s stock price is moving -44.76% down while it is -62.03% when we observe its performance for the past one month. Year-to-date it is -95.89% down and over the past year, the stock is showing a downside performance of -97.06%.

Currently, Greenwave Technology Solutions Inc’s total number of outstanding shares is 7.07M. Company’s return on investment (ROI) stands at -161.52% and return on equity (ROE) at -269.90%. Stock’s beta reads 1.80. Stock has a price to book (P/B) ratio of 0.18 while price to sale or P/S ratio amounts to 0.75. Its return on asset (ROA) is -67.82% on average.