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 -88.72% away from its 52-week high, while its distance from the 52-week low is 9.73%. 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 1.73 million for the day, which was noticeably lower than the average daily share volume of 2.67 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 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Greenwave Technology Solutions Inc (GWAV) has experienced a quarterly decline of -82.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.57M and boasts a workforce of 131 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5186, with a change in price of -0.3487. Similarly, Greenwave Technology Solutions Inc recorded 1,733,737 in trading volume during the last 100 days, posting a change of -73.41%.
GWAV Stock Stochastic Average
Today’s raw stochastic average for Greenwave Technology Solutions Inc over the last 50 days is 1.38%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 16.62%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 11.09% and 11.27%, respectively.
GWAV Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -77.65%. However, over the past six months, we’ve seen a stronger performance of -78.22%. The price of GWAV leaped by -1.94% over the last 30 days. And in the last five days, it has surged by 7.31%.
