The stock of Greenwave Technology Solutions Inc (GWAV) has seen a -16.00% decrease in the past week, with a -45.84% drop in the past month, and a -60.10% decrease in the past quarter. The volatility ratio for the week is 22.97%, and the volatility levels for the past 30 days are at 14.76% for GWAV. The simple moving average for the past 20 days is -28.58% for GWAV’s stock, with a -69.90% simple moving average for the past 200 days.
Is It Worth Investing in Greenwave Technology Solutions Inc (NASDAQ: GWAV) Right Now?
The stock has a 36-month beta value of 0.97. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GWAV is 51.83M, and at present, short sellers hold a 4.28% of that float. On April 21, 2025, the average trading volume of GWAV was 3.65M shares.
GWAV) stock’s latest price update
The stock of Greenwave Technology Solutions Inc (NASDAQ: GWAV) has decreased by -26.40 when compared to last closing price of 0.22. Despite this, the company has experienced a -16.00% fall in its stock price over the last five trading sessions. prnewswire.com reported 2025-03-10 that Tariffs Taking Effect on all Foreign Steel and Aluminum Imports Without Exception or Exclusion Greenwave Provides 100% Domestically-Sourced Scrap Metal to Nucor, Sims, Cleveland-Cliffs, and Georgia-Pacific Prices for Scrap Steel have Surged More than 20% the Past Month and are Expected to Go Higher Upcoming Tariffs on Copper Imports Expected to Further Accelerate Greenwave’s Revenue Growth and Margin Expansion CHESAPEAKE, Va. , March 10, 2025 /PRNewswire/ — Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) (“Greenwave” or the “Company”), today announced that its margins have expanded significantly due to surging prices for scrap steel – already up 20% since early February and expected to go higher – ahead of steel and aluminum import tariffs taking effect on March 12, 2025.
GWAV Trading at -40.21% 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 -99.63% of loss for the given period.
Volatility was left at 14.76%, however, over the last 30 days, the volatility rate increased by 22.97%, as shares sank -42.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -58.04% lower at present.
During the last 5 trading sessions, GWAV fell by -14.32%, which changed the moving average for the period of 200-days by -90.59% in comparison to the 20-day moving average, which settled at $0.2278. In addition, Greenwave Technology Solutions Inc saw -76.84% 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 sale 100,000 shares at the price of $0.25 back on Feb 28 ’25. After this action, ADELMAN JASON T now owns 300,000 shares of Greenwave Technology Solutions Inc, valued at $25,000 using the latest closing price.
ADELMAN JASON T, 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 ADELMAN JASON T is holding 400,000 shares at $66,000 based on the most recent closing price.
Stock Fundamentals for GWAV
Current profitability levels for the company are sitting at:
- -1.03 for the present operating margin
- 0.39 for the gross margin
The net margin for Greenwave Technology Solutions Inc stands at -0.72. The total capital return value is set at -0.82. Equity return is now at value -147.18, with -43.68 for asset returns.
Based on Greenwave Technology Solutions Inc (GWAV), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -2.19. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 6.39.
Currently, EBITDA for the company is -26.92 million with net debt to EBITDA at -0.28. When we switch over and look at the enterprise to sales, we see a ratio of 0.44. The receivables turnover for the company is 26.56for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.36.
Conclusion
To sum up, Greenwave Technology Solutions Inc (GWAV) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
