Greenwave Technology Solutions, Inc.GWAV

$3.24-0.52 (-13.83%)
NASDAQIndustrials24:00 UTC

Company snapshot

Market Cap
$3M
Micro-cap
-100%
2016 — today
10-Year Price
-100%
2016 — today
52-Week Range
$3.24$31.90
Current $3.24· 0%

Greenwave Technology Solutions, Inc., operating primarily through its subsidiary Empire Services, Inc., oversees a network of eleven metal recycling facilities situated across Virginia and North Carolina. The company's core operations encompass the collection, sorting, and processing of various raw ferrous and nonferrous scrap metals—such as iron, steel, aluminum, copper, lead, stainless steel, and zinc—all prepared for recycling. Furthermore, Greenwave is engaged in the procurement and sale of both refined and unrefined scrap materials, supplying them to steel mills and other industrial buyers. Established in 2002, the firm, which rebranded from MassRoots, Inc. in October 2021, maintains its corporate headquarters in Suffolk, Virginia.

Valuation in context

P/E ratio
-0.1
N/A
Not meaningful — company is unprofitable
P/B ratio
0.1
Above average
Pricier than usual over the last 10 years
FCF Yield
-299.2%
Historically low
Historically low relative to the last 10 years
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