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GWAV’s Market Seesaw: Yearly Gains & Recent Declines – What to Expect?

ALXO Stock

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price loss of -73.98% this year. Over the last six months, there has been a stronger performance of -80.00%. The price of GWAV leaped by -79.29% during the last 30 days period. For the last 5-days stocks have improved 20.39%.

The market performance of Greenwave Technology Solutions Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $1.12 on 08/10/23, while the lowest value for the same duration was $0.12 on 03/22/24.

52-week price history of GWAV Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Greenwave Technology Solutions Inc’s current trading price is -86.88% away from its 52-week high, while its distance from the 52-week low is 27.72%. The stock’s price range during this period has varied between$0.12 and $1.12. The Greenwave Technology Solutions Inc’s shares, which operate in the Industrials, saw a trading volume of around 21.93 million for the day, a figure considerably higher than their average daily volume of 1.78 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Greenwave Technology Solutions Inc (GWAV) has experienced a quarterly decline of -71.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.43M.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5772, with a change in price of -0.4440. Similarly, Greenwave Technology Solutions Inc recorded 1,349,757 in trading volume during the last 100 days, posting a change of -75.13%.

GWAV Stock Stochastic Average

Greenwave Technology Solutions Inc’s raw stochastic average for the past 50 days is presently 3.49%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 4.80%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 2.19% and 1.76%, respectively.