In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Greenwave Technology Solutions Inc (NASDAQ: GWAV) closed the day trading at $0.42 up 11.71% from the previous closing price of $0.38. In other words, the price has increased by $11.71 from its previous closing price. On the day, 2.65 million shares were traded. GWAV stock price reached its highest trading level at $0.4446 during the session, while it also had its lowest trading level at $0.3895.
Ratios:
For a better understanding of GWAV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 04 ’24 when ADELMAN JASON T bought 100,000 shares for $0.66 per share. The transaction valued at 66,000 led to the insider holds 400,000 shares of the business.
SICIGNANO HENRY III bought 100,000 shares of GWAV for $65,900 on Dec 04 ’24. The Director now owns 400,000 shares after completing the transaction at $0.66 per share. On Dec 04 ’24, another insider, Meeks Danny, who serves as the Chief Executive Officer of the company, bought 377,002 shares for $0.66 each. As a result, the insider paid 248,821 and bolstered with 2,122,695 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GWAV now has a Market Capitalization of 9432664 and an Enterprise Value of -8338247. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at -0.248 whereas that against EBITDA is 0.777.
Stock Price History:
Over the past 52 weeks, GWAV has reached a high of $154.50, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -20.99%, while the 200-Day Moving Average is calculated to be -89.10%.
Shares Statistics:
Over the past 3-months, GWAV traded about 12.73M shares per day on average, while over the past 10 days, GWAV traded about 2718500 shares per day. A total of 22.38M shares are outstanding, with a floating share count of 17.26M. Insiders hold about 22.89% of the company’s shares, while institutions hold 4.99% stake in the company. Shares short for GWAV as of 1730332800 were 678824 with a Short Ratio of 0.10, compared to 1727654400 on 111709. Therefore, it implies a Short% of Shares Outstanding of 678824 and a Short% of Float of 3.6799999999999997.
