Greenwave Technology Solutions Inc (NASDAQ:GWAV) shares, rose in value, with the stock price up by 7.78% to the previous day’s close as strong demand from buyers drove the stock to $0.23.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.21, falling within a range of $0.2098 and $0.23. The value of beta (5-year monthly) is 0.432. Referring to stock’s 52-week performance, its high was $1.88, and the low was $0.12. On the whole, GWAV has fluctuated by -0.87% over the past month.
With the market capitalization of Greenwave Technology Solutions Inc currently standing at about $13.90 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2016-May-16.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GWAV’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of GWAV currently trading nearly 14.98% and 12.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.69, while the 7-day volatility ratio is showing 5.11% which for the 30-day chart, stands at 6.76%. Furthermore, Greenwave Technology Solutions Inc (GWAV)’s beta value is 0.46.
A comparison of Greenwave Technology Solutions Inc (GWAV) with its peers suggests the former has fared considerably weaker in the market. GWAV showed an intraday change of 7.78% in today’s session so far, and over the past year, it shrunk by -67.66%%.
Data on historical trading for Greenwave Technology Solutions Inc (NASDAQ:GWAV) indicates that the trading volumes over the past 10 days have averaged 0.61 and over the past 3 months, they’ve averaged 2.87 million. According to company’s latest data on outstanding shares, there are 61.17 million shares outstanding.
Nearly 9.33% of Greenwave Technology Solutions Inc’s shares belong to company insiders and institutional investors own 10.42% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.63 million shares as on 2025-06-13, resulting in a short ratio of 0.4. According to the data, the short interest in Greenwave Technology Solutions Inc (GWAV) stood at 107.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 0.93 million. The stock has fallen by -85.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GWAV stock heading into the next quarter.
