Greenwave Technology Solutions Inc [NASDAQ: GWAV] closed the trading session at $0.82.
The stocks have a year to date performance of -99.03 percent and weekly performance of 150.63 percent. The stock has been moved at -73.93 percent over the last six months. The stock has performed 114.27 percent around the most recent 30 days and changed 102.99 percent over the most recent 3-months.
If compared to the average trading volume of 11.34M shares, GWAV reached to a volume of 10667967 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Greenwave Technology Solutions Inc [GWAV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GWAV shares is $2.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GWAV stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Greenwave Technology Solutions Inc is set at 0.10, with the Price to Sales ratio for GWAV stock in the period of the last 12 months amounting to 0.51. The Price to Book ratio for the last quarter was 0.36, with the Price to Cash per share for the same quarter was set at 0.72.
GWAV stock trade performance evaluation
Greenwave Technology Solutions Inc [GWAV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 150.63. With this latest performance, GWAV shares gained by 114.27% in over the last four-week period, additionally sinking by -73.93% over the last 6 months – not to mention a drop of -98.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GWAV stock in for the last two-week period is set at 77.69, with the RSI for the last a single of trading hit 82.18, and the three-weeks RSI is set at 70.01 for Greenwave Technology Solutions Inc [GWAV]. The present Moving Average for the last 50 days of trading for this stock 0.4205, while it was recorded at 0.6836 for the last single week of trading, and 11.6706 for the last 200 days.
Greenwave Technology Solutions Inc [GWAV]: An insightful look at the core fundamentals
Greenwave Technology Solutions Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.36 and a Current Ratio set at 1.52.
Greenwave Technology Solutions Inc [GWAV]: Institutional Ownership
There are presently around $8.77%, or 10.06%% of GWAV stock, in the hands of institutional investors.
