The stock of Greenwave Technology Solutions Inc (GWAV) has seen a -15.58% decrease in the past week, with a -35.94% drop in the past month, and a -10.41% decrease in the past quarter. The volatility ratio for the week is 8.34%, and the volatility levels for the past 30 days are at 14.91% for GWAV. The simple moving average for the past 20 days is -21.64% for GWAV’s stock, with a -83.87% simple moving average for the past 200 days.
Is It Worth Investing in Greenwave Technology Solutions Inc (NASDAQ: GWAV) Right Now?
Additionally, the 36-month beta value for GWAV is 1.28. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for GWAV is 50.58M and currently, short sellers hold a 1.53% ratio of that float. The average trading volume of GWAV on February 24, 2025 was 14.85M shares.
GWAV) stock’s latest price update
Greenwave Technology Solutions Inc (NASDAQ: GWAV) has experienced a decline in its stock price by -3.39 compared to its previous closing price of 0.29. However, the company has seen a fall of -15.58% in its stock price over the last five trading days. prnewswire.com reported 2025-02-21 that President Trump is expected to announce copper tariffs soon – the higher the tariff, the more revenue Greenwave is expected to generate GWAV recently raised revenue guidance to $47-$50 Million for Fiscal Year 2025 Greenwave supplies Nucor, Sims Metal, Cleveland-Cliffs, and Georgia-Pacific with 100% domestically-sourced recycled metals S&P Global Commodity Insights and BNN Bloomberg recently covered Greenwave CHESAPEAKE, Va., Feb. 21, 2025 /PRNewswire/ — Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) (“Greenwave” or the “Company”), today announced that despite receiving numerous inquiries from investors, Greenwave has no immediate plans to raise capital.
GWAV Trading at -43.92% from the 50-Day Moving Average
After a stumble in the market that brought GWAV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.76% of loss for the given period.
Volatility was left at 14.91%, however, over the last 30 days, the volatility rate increased by 8.34%, as shares sank -33.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -62.70% lower at present.
During the last 5 trading sessions, GWAV fell by -14.71%, which changed the moving average for the period of 200-days by -96.99% in comparison to the 20-day moving average, which settled at $0.3604. In addition, Greenwave Technology Solutions Inc saw -59.83% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GWAV starting from ADELMAN JASON T, who purchase 100,000 shares at the price of $0.66 back on Dec 04 ’24. After this action, ADELMAN JASON T now owns 400,000 shares of Greenwave Technology Solutions Inc, valued at $66,000 using the latest closing price.
SICIGNANO HENRY III, the Director of Greenwave Technology Solutions Inc, purchase 100,000 shares at $0.66 during a trade that took place back on Dec 04 ’24, which means that SICIGNANO HENRY III is holding 400,000 shares at $65,900 based on the most recent closing price.
Stock Fundamentals for GWAV
Current profitability levels for the company are sitting at:
- -0.53 for the present operating margin
- 0.22 for the gross margin
The net margin for Greenwave Technology Solutions Inc stands at -0.29. The total capital return value is set at -0.32.
Based on Greenwave Technology Solutions Inc (GWAV), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at -1.64. The debt to equity ratio resting at 0.17. The interest coverage ratio of the stock is -2.5.
Currently, EBITDA for the company is -10.58 million with net debt to EBITDA at -1.45. When we switch over and look at the enterprise to sales, we see a ratio of 0.31. The receivables turnover for the company is 17.9for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.52.
Conclusion
In conclusion, Greenwave Technology Solutions Inc (GWAV) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
