The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Greenwave Technology Solutions Inc shares valued at $66,000 were purchased by ADELMAN JASON T on Dec 04 ’24. At $0.66 per share, ADELMAN JASON T acquired 100,000 shares. The insider’s holdings grew to 400,000 shares worth approximately $0.24 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, SICIGNANO HENRY III purchased 100,000 shares, netting a total of over 65,900 in proceeds. Following the buying of shares at $0.66 each, the insider now holds 400,000 shares.
Before that, Meeks Danny had added 377,002 shares to its account. In a trade valued at $248,821, the Chief Executive Officer bought Greenwave Technology Solutions Inc shares for $0.66 each. Upon closing the transaction, the insider’s holdings increased to 377,002 shares, worth approximately $1.29 million.
Analyzing GWAV Stock Performance
During the last five days, there has been a drop of approximately -6.19%. Over the course of the year, Greenwave Technology Solutions Inc shares have dropped approximately -99.29%. Shares of the company reached a 52-week high of $154.5000 on 02/05/24 and a 52-week low of $0.2850 on 11/20/24. A 50-day SMA is recorded $0.4855, while a 200-day SMA reached $5.9181. Nevertheless, trading volume fell to 0.99 million shares from 1.65 million shares the previous day.
Support And Resistance Levels for Greenwave Technology Solutions Inc (GWAV)
According to the 24-hour chart, there is a support level at 0.5803, which, if violated, would cause prices to drop to 0.5556. In the upper region, resistance lies at 0.6299. The next price resistance is at 0.6548. RSI (Relative Strength Index) is 52.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.1029, which suggests the price will decrease in the coming days. Percent R is at 90.98%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
