Stock Performance And Outlook Of Greenwave Technology Solutions Inc (NASDAQ: GWAV)

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In the last trading session, 2.93 million shares of the Greenwave Technology Solutions Inc (NASDAQ:GWAV) were traded, and its beta was 0.80. Most recently the company’s share price was $0.27, and it changed around -$0.02 or -7.10% from the last close, which brings the market valuation of the company to $16.15M. GWAV currently trades at a discount to its 52-week high of $44.47, offering almost -16370.37% off that amount. The share price’s 52-week low was $0.23, which indicates that the current value has risen by an impressive 14.81% since then. We note from Greenwave Technology Solutions Inc’s average daily trading volume that its 10-day average is 2.05 million shares, with the 3-month average coming to 3.80 million.

Greenwave Technology Solutions Inc (NASDAQ:GWAV) trade information

Instantly GWAV has showed a red trend with a performance of -7.10% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.3300 on recent trading dayincreased the stock’s daily price by 18.18%. The company’s shares are currently down -62.21% year-to-date, but still down -19.00% over the last five days. On the other hand, Greenwave Technology Solutions Inc (NASDAQ:GWAV) is -9.10% down in the 30-day period. We can see from the shorts that 3.7 million shares have been sold at a short interest cover period of 0.61 day(s).

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

Upon looking at major shareholders, it appears that insiders hold 12.92% of Greenwave Technology Solutions Inc shares, and 0.54% of them are in the hands of institutional investors. The stock currently has a share float of 0.62%.