In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Greenwave Technology Solutions Inc (NASDAQ: GWAV) closed at $0.59 down -7.74% from its previous closing price of $0.64. In other words, the price has decreased by -$7.74 from its previous closing price. On the day, 2.45 million shares were traded. GWAV stock price reached its highest trading level at $0.6565 during the session, while it also had its lowest trading level at $0.574.
Ratios:
For a deeper understanding of Greenwave Technology Solutions Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 13252725 and an Enterprise Value of -8338247. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.26. 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 24.00%, while the 200-Day Moving Average is calculated to be -91.06%.
Shares Statistics:
For the past three months, GWAV has traded an average of 12.00M shares per day and 4420190 over the past ten days. 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 0.28, compared to 1727654400 on 111709. Therefore, it implies a Short% of Shares Outstanding of 678824 and a Short% of Float of 3.6799999999999997.
