Market Momentum Report: Greenwave Technology Solutions Inc (GWAV)’s Negative Close at 1.37

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The price of Greenwave Technology Solutions Inc (NASDAQ: GWAV) closed at $1.37 in the last session, down -4.86% from day before closing price of $1.44. In other words, the price has decreased by -$4.86 from its previous closing price. On the day, 0.55 million shares were traded. GWAV stock price reached its highest trading level at $1.4201 during the session, while it also had its lowest trading level at $1.34.

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 0.08 and its Current Ratio is at 0.10. In the meantime, Its Debt-to-Equity ratio is 5.18 whereas as Long-Term Debt/Eq ratio is at 2.99.

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 17468322 and an Enterprise Value of 34518100. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.07. Its current Enterprise Value per Revenue stands at 0.983 whereas that against EBITDA is -8.301.

Stock Price History:

Over the past 52 weeks, GWAV has reached a high of $168.00, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -70.52%, while the 200-Day Moving Average is calculated to be -97.51%.

Shares Statistics:

According to the various share statistics, GWAV traded on average about 2.11M shares per day over the past 3-months and 446970 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 6.93% stake in the company. Shares short for GWAV as of 1721001600 were 596001 with a Short Ratio of 0.28, compared to 1718323200 on 222574. Therefore, it implies a Short% of Shares Outstanding of 596001 and a Short% of Float of 5.43.

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