Greenwave Technology Solutions Inc (NASDAQ:GWAV) Is Down -41.51% Over The Past 30 Days: Is There Trouble Ahead?

In last trading session, Greenwave Technology Solutions Inc (NASDAQ:GWAV) saw 2.69 million shares changing hands with its beta currently measuring 1.08. Company’s recent per share price level of $0.16 trading at $0.0 or 0.38% at ring of the bell on the day assigns it a market valuation of $9.18M. That closing price of GWAV’s stock is at a discount of -27693.75% from its 52-week high price of $44.47 and is indicating a premium of 25.0% from its 52-week low price of $0.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.1 million shares which gives us an average trading volume of 4.50 million if we extend that period to 3-months.

Greenwave Technology Solutions Inc (NASDAQ:GWAV) trade information

Upright in the green during last session for gaining 0.38%, in the last five days GWAV remained trading in the red while hitting it’s week-highest on Thursday, 04/17/25 when the stock touched $0.16 price level, adding 32.46% to its value on the day. Greenwave Technology Solutions Inc’s shares saw a change of -77.15% in year-to-date performance and have moved -27.40% in past 5-day. Greenwave Technology Solutions Inc (NASDAQ:GWAV) showed a performance of -41.51% in past 30-days. Number of shares sold short was 2.22 million shares which calculate 1.0 days to cover the short interests.

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 74.96% during past 5 years.

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

Insiders are in possession of 13.74% of company’s total shares while institution are holding 0.65 percent of that, with stock having share float percentage of 0.75%. Investors also watch the number of corporate investors in a company very closely, which is 0.65% institutions for Greenwave Technology Solutions Inc that are currently holding shares of the company.

On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Series Total Market Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 109.95 shares of worth $17658.0 or 0.19% of the total outstanding shares. The later fund manager was in possession of 23.85 shares on Feb 28, 2025 , making its stake of worth around $3830.0 in the company or a holder of 0.04% of company’s stock.