The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -76.62%.However, over the last six months, we can see a stronger performance of -79.61%. Over the last 30 days, the price of GWAV has leaped by -73.56%. And in the last five days, it has fallen by -3.44%.
Greenwave Technology Solutions Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.12 on 08/10/23 and a low of $0.12 for the same time frame 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 -88.21% away from its 52-week high, while its distance from the 52-week low is 14.77%. 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 1.38 million for the day, a figure considerably lower than their average daily volume of 2.42 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Greenwave Technology Solutions Inc (GWAV) has experienced a quarterly decline of -80.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.19M.
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 0.5517, with a change in price of -0.4198. Similarly, Greenwave Technology Solutions Inc recorded 1,540,606 in trading volume during the last 100 days, posting a change of -76.06%.
GWAV Stock Stochastic Average
As of today, Greenwave Technology Solutions Inc’s raw stochastic average for the last 50 days stands at 1.86%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 3.53%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 4.43% and 5.23%, respectively.
