Greenwave Technology Solutions Inc [NASDAQ: GWAV] traded at a high on N/A, posting a 4.64 gain after which it closed the day’ session at $0.22.
The results of the trading session contributed to over 3114889 shares changing hands. Over the past one week, the price volatility of Greenwave Technology Solutions Inc stands at 11.85% while the volatility over the past one month is 11.92%.
The market cap for GWAV stock reached $13.45 million, with 60.79 million shares outstanding and 55.12 million shares in the current float. Compared to the average trading volume of 3.54M shares, GWAV reached a trading volume of 3114889 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 0.03, with the Price to Sales ratio for GWAV stock in the period of the last 12 months amounting to 0.40. The Price to Book ratio for the last quarter was 0.16, with the Price to Cash per share for the same quarter was set at 0.04.
How has GWAV stock performed recently?
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 8.54. With this latest performance, GWAV shares dropped by -27.19% in over the last four-week period, additionally sinking by -44.76% over the last 6 months – not to mention a drop of -98.75% 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 42.20, with the RSI for the last a single of trading hit 46.38, and the three-weeks RSI is set at 41.19 for Greenwave Technology Solutions Inc [GWAV]. The present Moving Average for the last 50 days of trading for this stock 0.2767, while it was recorded at 0.2098 for the last single week of trading, and 0.5486 for the last 200 days.
Greenwave Technology Solutions Inc [GWAV]: Deeper insight into the fundamentals
Greenwave Technology Solutions Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.23 and a Current Ratio set at 0.36.
Insider trade positions for Greenwave Technology Solutions Inc [GWAV]
There are presently around $0.54%, or 0.62%% of GWAV stock, in the hands of institutional investors.
