Greenwave Technology Solutions Inc [NASDAQ: GWAV] surged by $0.02 during the normal trading session on Thursday and reaching a high of $0.2486 during the day while it closed the day at $0.23.
Greenwave Technology Solutions Inc stock has also gained 23.42% of its value over the past 7 days. However, GWAV stock has inclined by 14.37% in the 3 months of the year. Over the past six months meanwhile, it has lost -68.38% and lost -84.90% year-on date.
The market cap for GWAV stock reached $14.31 million, with 61.17 million shares outstanding and 55.46 million shares in the current float. Compared to the average trading volume of 2.87M shares, GWAV reached a trading volume of 8254917 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 Price to Book ratio for the last quarter was 0.17, with the Price to Cash per share for the same quarter was set at 0.04.
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 23.42. With this latest performance, GWAV shares gained by 2.05% in over the last four-week period, additionally sinking by -68.38% over the last 6 months – not to mention a drop of -66.70% in the past year of trading.
Greenwave Technology Solutions Inc [GWAV]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Greenwave Technology Solutions Inc [GWAV] shares currently have an operating margin of -64.49% and a Gross Margin at 16.96%. Greenwave Technology Solutions Inc’s Net Margin is presently recorded at -301.50%.
Return on Equity for this stock declined to -43.68%, with Return on Assets sitting at -43.68%.
Greenwave Technology Solutions Inc [GWAV]: Institutional Ownership
There are presently around $10.18%, or 11.68% of GWAV stock, in the hands of institutional investors.
