Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Greenwave Technology Solutions Inc’s current trading price is -88.75% away from its 52-week high, while its distance from the 52-week low is 9.47%. The stock’s price range over this period has fluctuated between $0.12 and $1.12. The company, operating within the financial sector, had a trading volume of approximately 2.59 million for the day, which was noticeably higher than the average daily share volume of 0.96 million over the last 3 months.
In terms of market performance, Greenwave Technology Solutions Inc had a fairly uneven. The highest value for the stock in the past year was $1.12 on 08/10/23, and the lowest value was recorded at $0.12 on 03/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Greenwave Technology Solutions Inc (GWAV) has experienced a quarterly decline of -72.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.09M and boasts a workforce of 143 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5952, with a change in price of -0.4611. Similarly, Greenwave Technology Solutions Inc recorded 634,335 in trading volume during the last 100 days, posting a change of -78.51%.
GWAV Stock Stochastic Average
Today, Greenwave Technology Solutions Inc’s raw stochastic average for the past 50 days stands at 1.21%, indicating a decline from the raw stochastic average of the last 20 days, which was 1.67%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 1.23% and 0.97% respectively.
GWAV Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -77.70%. However, over the last six months, the performance has been stronger by -79.84%. The price of GWAV decreased -82.32% over the last 30 days. And in the last five days, it has fallen by -66.22%.
