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Greenwave Technology Solutions Inc (GWAV) Stock: A Year of Highs and Lows in the Market

ELVT Stock

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Greenwave Technology Solutions Inc’s current trading price is -87.33% away from its 52-week high, while its distance from the 52-week low is 23.28%. The stock’s price range for this period has been between $0.12 and $1.12 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 19.15 million for the day, a number notably higher than the average daily volume of 1.78 million over the last three months.

Greenwave Technology Solutions Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.12 on 08/10/23, while the lowest price for the same period was registered 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 -72.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.35M.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5771, with a change in price of -0.4534. Similarly, Greenwave Technology Solutions Inc recorded 1,318,060 in trading volume during the last 100 days, posting a change of -76.72%.

GWAV Stock Stochastic Average

Greenwave Technology Solutions Inc’s raw stochastic average for the past 50 days is presently 2.46%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 3.38%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 1.72% and 1.61%, respectively.

GWAV Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -74.88% this year. Over the last six months, there has been a stronger performance of -80.69%. The price of GWAV leaped by -80.01% during the last 30 days period. For the last 5-days stocks have improved 16.22%.