The price of Greenwave Technology Solutions Inc (NASDAQ:GWAV) shares last traded on Wall Street fell -16.65% to $0.14.
GWAV stock price is now -49.35% away from the 50-day moving average and -74.55% away from the 200-day moving average. The market capitalization of the company currently stands at $7.76M.
In other news, ADELMAN JASON T, Director sold 100,000 shares of the company’s stock on Feb 28 ’25. The stock was sold for $25,000 at an average price of $0.25. Upon completion of the transaction, the Director now directly owns 300,000 shares in the company, valued at $42000.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 04 ’24, Director ADELMAN JASON T bought 100,000 shares of the business’s stock. A total of $66,000 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 $56000.0. A total of 9.33% of the company’s stock is owned by insiders.
During the past 12 months, Greenwave Technology Solutions Inc has had a low of $0.14 and a high of $44.47. As of last week, the company has a debt-to-equity ratio of 0.43, a current ratio of 0.36, and a quick ratio of 0.23. The fifty day moving average price for GWAV is $0.268 and a two-hundred day moving average price translates $0.53326 for the stock.
The latest earnings results from Greenwave Technology Solutions Inc (NASDAQ: GWAV) was released for 2024-12-31. The net profit margin was -301.50% and return on equity was -147.18% for GWAV. The company reported revenue of $8.42 million for the quarter, compared to $9.03 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.67 percent.
