After grabbing 0.97 million shares, the institutional investor is now in possession of 0.97 million shares of the Industrials Company. The new investment brought the stake of investor firm to 9.08% having worth around $1.18 million. Moreover, Empery Asset Management LP increased its share by 0.62 million to have a control over 0.62 million shares. And Anson Funds Management LP raised its holdings to 0.33 million shares by acquiring 0.33 million shares or 3.06% of the stake.
Greenwave Technology Solutions Inc. (GWAV) concluded trading on 01/11/23 at a closing price of $0.86, with 0.67 million shares of worth about $0.58 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -89.12% during that period and on Wednesday the price saw a loss of about -0.21%. Currently the company’s common shares owned by public are about 8.70M shares, out of which, 8.12M shares are available for trading.
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A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the GWAV stock and their offered price forecasts bring an average price target of $720.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $720.00 and could fall to a lowest price of $720.00. However, touching the estimated high of $720.00 would mean a gain of 99.88% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 58 times over the past 12 months. They bought 907,001 shares in 58 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Fidelity Extended Market Index Fu, Fidelity Nasdaq Composite Index F, and Vanguard Extended Market Index Fu are the top 3 mutual funds which are holding stakes in Greenwave Technology Solutions Inc. Fidelity Extended Market Index Fu is currently holding 38935.0 shares of worth totaling $47111.0. The company recently came buying 0.0 shares which brought its stake up to 0.36% of the company’s outstanding shares. Vanguard Extended Market Index Fu, after buying 4663.0 shares, have now control over 0.04% of the stake in the company. It holds 0.0 shares of worth $5642.0.
Greenwave Technology Solutions Inc. (NASDAQ: GWAV) started trading at $0.88, above $0.02 from concluding price of the previous day. However, the stock later moved at a day high price of 1.0900, or with a loss of -0.21%. Stock saw a price change of -3.13% in past 5 days and over the past one month there was a price change of -12.96%. Year-to-date (YTD), GWAV shares are showing a performance of -2.58% which decreased to -93.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.78 but also hit the highest price of $13.20 during that period. The average intraday trading volume for Greenwave Technology Solutions Inc. shares is 126.19K. The stock is currently trading -3.08% below its 20-day simple moving average (SMA20), while that difference is down -19.62% for SMA50 and it goes to -77.38% lower than SMA200.
Arena Investors LP acquired 0.97 million shares of Greenwave Technology Solutions Inc. having value of about $1.18 million. Greenwave Technology Solutions Inc. (NASDAQ: GWAV) currently have 8.70M outstanding shares and institutions hold larger chunk of about 22.60% of that. Holding of mutual funds in the company is about 22.11% while other institutional holders and individual stake holders have control over 23.94% and 0.48% of the stake respectively.
The stock has a current market capitalization of $9.17M and its 3Y-monthly beta is at 1.98. It has posted earnings per share of -$8.66 in the same period. It has Quick Ratio of 0.20 while making debt-to-equity ratio of 0.29. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GWAV, volatility over the week remained 15.11% while standing at 12.01% over the month.
Analysts are in expectations that Greenwave Technology Solutions Inc. (GWAV) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 101.40%.
Analysts at 1 brokerage firms have issued recommendations for the Greenwave Technology Solutions Inc. (GWAV)’s stock out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
