Greenwave Technology Solutions Inc (NASDAQ:GWAV) Could Experience -99.54% Growth

In recent trading session, Greenwave Technology Solutions Inc (NASDAQ:GWAV) saw 0.73 million shares changing hands at last check today with its beta currently measuring 1.65. Company’s recent per share price level of $0.32 trading at $0.0 or -0.57% at last check today assigns it a market valuation of $7.07M. That most recent trading price of GWAV’s stock is at a discount of -48181.25% from its 52-week high price of $154.50 and is indicating a premium of 12.5% from its 52-week low price of $0.28. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.66 million shares which gives us an average trading volume of 1.61 million if we extend that period to 3-months.

Greenwave Technology Solutions Inc (NASDAQ:GWAV) trade information

Upright in the red during last session for losing -0.57%, in the last five days GWAV remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $0.32 price level, adding 11.11% to its value on the day. Greenwave Technology Solutions Inc’s shares saw a change of -99.63% in year-to-date performance and have moved 3.57% in past 5-day. Greenwave Technology Solutions Inc (NASDAQ:GWAV) showed a performance of -25.23% in past 30-days. Number of shares sold short was 0.68 million shares which calculate 0.43 days to cover the short interests.

Greenwave Technology Solutions Inc (GWAV) estimates and forecasts

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 39.15% during past 5 years.

Greenwave Technology Solutions Inc (NASDAQ:GWAV)’s Major holders

Insiders are in possession of 12.87% of company’s total shares while institution are holding 8.77 percent of that, with stock having share float percentage of 10.06%. Investors also watch the number of corporate investors in a company very closely, which is 8.77% institutions for Greenwave Technology Solutions Inc that are currently holding shares of the company.

On the other hand, Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 56.5 shares of worth $17807.0 or 0.25% of the total outstanding shares. The later fund manager was in possession of 13.08 shares on Sep 30, 2024 , making its stake of worth around $4121.0 in the company or a holder of 0.06% of company’s stock.