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 -99.76% away from its 52-week high, while its distance from the 52-week low is 31.33%. The stock’s price range over this period has fluctuated between $0.28 and $154.50. The company, operating within the financial sector, had a trading volume of approximately 1.36 million for the day, which was noticeably lower than the average daily share volume of 12.85 million over the last 3 months.
Greenwave Technology Solutions Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $154.50 on 02/05/24 and the lowest value was $0.28 on 11/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Greenwave Technology Solutions Inc (GWAV) has experienced a quarterly decline of -16.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.86M 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 0.4745, with a change in price of -0.0481. Similarly, Greenwave Technology Solutions Inc recorded 8,369,703 in trading volume during the last 100 days, posting a change of -11.40%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GWAV stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.10.
GWAV Stock Stochastic Average
Today, Greenwave Technology Solutions Inc’s raw stochastic average for the past 50 days stands at 11.04%, indicating a rise from the raw stochastic average of the last 20 days, which was 3.98%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 5.89% and 9.33% respectively.
GWAV Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -46.74% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -72.68%. Over the past 30 days, the price of GWAV has leaped by -43.52%. And in the last five days, it has fallen by -9.44%.
