Deeper Dive: Understanding Greenwave Technology Solutions Inc (GWAV) Through its Various Ratios

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Greenwave Technology Solutions Inc (NASDAQ: GWAV) closed at $0.54 in the last session, down -0.04% from day before closing price of $0.54. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 1.86 million shares were traded. GWAV stock price reached its highest trading level at $0.57 during the session, while it also had its lowest trading level at $0.5147.

Ratios:

We take a closer look at GWAV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.01 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.10.

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 6885365 and an Enterprise Value of 30977756. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.12. Its current Enterprise Value per Revenue stands at 0.882 whereas that against EBITDA is -7.45.

Stock Price History:

Over the past 52 weeks, GWAV has reached a high of $156.00, while it has fallen to a 52-week low of $0.42. The 50-Day Moving Average of the stock is -63.68%, while the 200-Day Moving Average is calculated to be -98.89%.

Shares Statistics:

According to the various share statistics, GWAV traded on average about 2.34M shares per day over the past 3-months and 2758420 shares per day over the past 10 days. A total of 12.75M shares are outstanding, with a floating share count of 11.90M. Insiders hold about 6.66% of the company’s shares, while institutions hold 18.62% stake in the company. Shares short for GWAV as of 1722384000 were 490423 with a Short Ratio of 0.21, compared to 1719532800 on 542271. Therefore, it implies a Short% of Shares Outstanding of 490423 and a Short% of Float of 4.4699997.

Most Popular