Is Greenwave Technology Solutions Inc (NASDAQ:GWAV) A Strong Comeback Candidate At -24040.63% Off Its High?

In recent trading session, Greenwave Technology Solutions Inc (NASDAQ:GWAV) saw 1.78 million shares changing hands at last check today with its beta currently measuring 1.33. Company’s recent per share price level of $0.64 trading at -$0.06 or -8.20% at last check today assigns it a market valuation of $14.36M. That most recent trading price of GWAV’s stock is at a discount of -24040.63% from its 52-week high price of $154.50 and is indicating a premium of 56.25% 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 12.53 million shares which gives us an average trading volume of 11.96 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 -8.20%, in the last five days GWAV remained trading in the red while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $0.64 price level, adding 22.49% to its value on the day. Greenwave Technology Solutions Inc’s shares saw a change of -99.24% in year-to-date performance and have moved -6.12% in past 5-day. Greenwave Technology Solutions Inc (NASDAQ:GWAV) showed a performance of 103.62% in past 30-days. Number of shares sold short was 0.68 million shares which calculate 0.43 days to cover the short interests.

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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.