Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Greenwave Technology Solutions Inc (NASDAQ: GWAV) closed at $0.72 in the last session, down -2.89% from day before closing price of $0.74. In other words, the price has decreased by -$2.89 from its previous closing price. On the day, 1.0 million shares were traded. GWAV stock price reached its highest trading level at $0.7415 during the session, while it also had its lowest trading level at $0.7007.
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 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 16083643 and an Enterprise Value of -8338247. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.31. 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 35.96%, while the 200-Day Moving Average is calculated to be -83.13%.
Shares Statistics:
According to the various share statistics, GWAV traded on average about 12.43M shares per day over the past 3-months and 2395850 shares per day over the past 10 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 0.21, compared to 1727654400 on 111709. Therefore, it implies a Short% of Shares Outstanding of 678824 and a Short% of Float of 3.6799999999999997.
