Company Overview
Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in Virginia and North Carolina. The company, through its 11 metal recycling facilities, collects, classifies, and processes raw scrap ferrous and nonferrous metals for recycling iron, steel, aluminum, copper, lead, stainless steel, and zinc. It is involved in the purchasing and selling processed and unprocessed scrap metals to steel mills and other purchasers. The company was formerly known as MassRoots, Inc and changed its name to Greenwave Technology Solutions, Inc. in October 2021. The company was founded in 2002 and is headquartered in Suffolk, Virginia.
Company Information
- CEO
- Danny Meeks
- Sector
- Industrials
- Industry
- Waste Management
- Employees
- 180
Contact Information
- Address
- 277 Suburban Drive
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Industrials leader with 425.65M market capitalization
- Trading Volume: 37.92K shares traded today
- Price Range: 52-week range of $6.69 - $119.90
- Exchange: Listed on NASDAQ Capital Market
Financial Metrics
Market Analysis for Greenwave Technology Solutions, Inc.
Greenwave Technology Solutions, Inc. (GWAV) operates in the Waste Management industry within the Industrials sector. With a current market capitalization of 425.65M, the company represents a significant player in its market. The stock is currently trading at $6.96 with a negativedaily change of 2.41%.
The company's 180 employee base and presence on the NASDAQ Capital Marketexchange position it as a Industrials sector leader. Investors should consider the stock's P/E ratio of -0.02, beta of 0.47, and 52-week price range from $6.69 to $119.90when evaluating investment opportunities.
Why Invest in Greenwave Technology Solutions, Inc.?
Strengths
- • Established market presence in Industrials
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Capital Market)
- • Experienced leadership under Danny Meeks
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Industrials Sector
The Industrials sector includes companies that manufacture machinery, provide transportation services, and offer industrial products and services.