GWAV Stock Summary and Trading Ideas (Greenwave Technology Solutions | NASDAQ:GWAV)

Greenwave Technology Solutions Inc through its subsidiary, is an operator of several metal recycling facilities in Virginia, Ohio and North Carolina. At these facilities, the company is involved in collecting, classifying, and processing raw scrap metal (ferrous and nonferrous) for recycling. The company involves collecting, classifying and processing appliances, construction material, end-of-life vehicles, boats, and industrial machinery and processing those items by crushing, shearing, shredding, separating, and sorting, into smaller pieces and categorize these recycled ferrous, nonferrous, and mixed metal pieces based on density and metal prior to sale.

Greenwave Technology Solutions trades on the NASDAQ stock market under the symbol GWAV.

As of May 29, 2026, GWAV stock price was flat at $3.65 with 5,797 million shares trading.

GWAV has a beta of 3.69, meaning it tends to be more sensitive to market movements. GWAV has a correlation of 0.12 to the broad based SPY ETF.

GWAV has a market cap of $3.03 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, GWAV traded as high as $18,479.08 and as low as $3.24.

The top ETF exchange traded funds that GWAV belongs to (by Net Assets): VXF.

GWAV has underperformed the market in the last year with a price return of -81.6% while the SPY ETF gained +29.5%. GWAV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.9% and +2.0%, respectively, while the SPY returned +10.5% and +2.3%, respectively.

GWAV support price is $3.44 and resistance is $3.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GWAV shares will trade within this expected range on the day.