Greenwave Technology Solutions Inc [GWAV] stock prices are up 20.31% to $0.07 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GWAV shares have gain 12.92% over the last week, with a monthly amount drifted -48.15%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of Greenwave Technology Solutions Inc [GWAV] has been fluctuating between $0.06 and $1.12 over the past year. Greenwave Technology Solutions Inc [NASDAQ: GWAV] shares were valued at $0.07 at the most recent close of the market.
Analyzing the GWAV fundamentals
The Greenwave Technology Solutions Inc [NASDAQ:GWAV] reported sales of 32.65M for trailing twelve months, representing a surge of 50.29%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -0.54%, Pretax Profit Margin comes in at -0.76%, and Net Profit Margin reading is -0.75%. To continue investigating profitability, this company’s Return on Assets is posted at -0.58, Equity is -6.89 and Total Capital is -0.83. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -8.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.0637 points at the first support level, and at 0.0574 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.0781, and for the 2nd resistance point, it is at 0.0862.
Ratios To Look Out For
It’s worth pointing out that Greenwave Technology Solutions Inc [NASDAQ:GWAV]’s Current Ratio is 0.12. Further, the Quick Ratio stands at 0.11, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.32.
