Greenwave Technology Solutions Inc [GWAV] stock prices are up 12.06% to $0.45 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GWAV shares have gain 18.21% over the last week, with a monthly amount drifted -30.26%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of Greenwave Technology Solutions Inc [GWAV] has been fluctuating between $0.28 and $154.50 over the past year. Greenwave Technology Solutions Inc [NASDAQ: GWAV] shares were valued at $0.45 at the most recent close of the market.
Analyzing the GWAV fundamentals
The Greenwave Technology Solutions Inc [NASDAQ:GWAV] reported sales of 33.92M for trailing twelve months, representing a surge of 3.95%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.53%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.36 and Total Capital is -0.32. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
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 0.4060 points at the first support level, and at 0.3661 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4719, and for the 2nd resistance point, it is at 0.4979.
Ratios To Look Out For
It’s worth pointing out that Greenwave Technology Solutions Inc [NASDAQ:GWAV]’s Current Ratio is 1.52. On the other hand, the Quick Ratio is 1.36, and the Cash Ratio is 1.17. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 0.19.
Transactions by insiders
Recent insider trading involved ADELMAN JASON T, Director, that happened on Dec 04 ’24 when 100000.0 shares were purchased. Director, SICIGNANO HENRY III completed a deal on Dec 04 ’24 to buy 100000.0 shares. Meanwhile, Chief Executive Officer Meeks Danny bought 0.38 million shares on Dec 04 ’24.