The price of Greenwave Technology Solutions Inc (NASDAQ:GWAV) shares last traded on Wall Street rose 6.55% to $0.40.
GWAV stock price is now -25.20% away from the 50-day moving average and -83.77% away from the 200-day moving average. The market capitalization of the company currently stands at $13.92M.
In other news, ADELMAN JASON T, Director bought 100,000 shares of the company’s stock on Dec 04 ’24. The stock was bought for $66,000 at an average price of $0.66. Upon completion of the transaction, the Director now directly owns 400,000 shares in the company, valued at $0.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 04 ’24, Director SICIGNANO HENRY III bought 100,000 shares of the business’s stock. A total of $65,900 was incurred on buying the stock at an average price of $0.66. This leaves the insider owning 400,000 shares of the company worth $0.16 million. A total of 25.57% of the company’s stock is owned by insiders.
During the past 12 months, Greenwave Technology Solutions Inc has had a low of $0.28 and a high of $154.50. As of last week, the company has a debt-to-equity ratio of 0.17, a current ratio of 1.52, and a quick ratio of 1.36. The fifty day moving average price for GWAV is $0.53958 and a two-hundred day moving average price translates $2.58707 for the stock.
The latest earnings results from Greenwave Technology Solutions Inc (NASDAQ: GWAV) was released for 2024-06-30. The company reported revenue of $8.51 million for the quarter, compared to $8.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.95 percent.
