Greenwave Technology Solutions, Inc. Announces 1-150 Reverse Split and Shows Market Fluctuations in Recent Performance

GWAV to Undergo Reverse Stock Split on Monday, June 3rd

Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) will undergo a 1-150 reverse split on Monday, June 3rd. This was announced on the same day and will result in an adjustment to the number of shares owned by shareholders after the closing bell on June 3rd.

The company’s current price performance shows that GWAV opened at $0.04 on Friday, with a one-year low of $0.04 and a one-year high of $1.12. With a market cap of $1.71 million, a price-to-earnings ratio of -0.02, and a beta of 1.70, Greenwave Technology Solutions has been fluctuating. Its fifty-day moving average is $0.10 and its two-hundred day moving average is $0.43. The company also has a debt-to-equity ratio of 2.86, a quick ratio of 0.08 and a current ratio of 0.10.

In terms of financial performance, Greenwave Technology Solutions last reported its quarterly earnings on Tuesday, April 16th. The company reported ($0

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