Why Should You Invest In Greenwave Technology Solutions Inc (NASDAQ: GWAV)?

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In the last trading session, 1.65 million Greenwave Technology Solutions Inc (NASDAQ:GWAV) shares changed hands as the company’s beta touched 1.46. With the company’s per share price at $0.58 changed hands at -$0.01 or -2.03% during last session, the market valuation stood at $11.98M. GWAV’s last price was a discount, traded about -26537.93% off its 52-week high of $154.50. The share price had its 52-week low at $0.28, which suggests the last value was 51.72% up since then. When we look at Greenwave Technology Solutions Inc’s average trading volume, we note the 10-day average is 4.42 million shares, with the 3-month average coming to 12.03 million.

Greenwave Technology Solutions Inc (NASDAQ:GWAV) trade information

Instantly GWAV was in red as seen at the end of in last trading. With action -17.13%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -99.32%, with the 5-day performance at -17.13% in the red. However, in the 30-day time frame, Greenwave Technology Solutions Inc (NASDAQ:GWAV) is 90.23% up. Looking at the short shares, we see there were 0.68 million shares sold at short interest cover period of 0.43 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 39.15%.

GWAV Dividends

Greenwave Technology Solutions Inc is expected to release its next quarterly earnings report in January.

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

If we look at who the major shareholders are, we find that insiders hold 12.87% of Greenwave Technology Solutions Inc shares while 8.77% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.06%.

WELLS FARGO & COMPANY/MN holds the second largest percentage of outstanding shares.