On Monday, June 3rd, shares of Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) are scheduled to undergo a reverse split of 1-150. This reverse split was announced on the same day. After the close of trading on Monday, June 3rd, the number of shares owned by shareholders will be adjusted to reflect this reverse split.
Greenwave Technology Solutions, Inc., based in Virginia, operates metal recycling facilities in Ohio and North Carolina through its subsidiary. The company collects, classifies, and processes various items including appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It is also involved in the buying and selling of processed and unprocessed scrap metals as well as the operation of automotive shredders.
On Tuesday, April 16th, Greenwave Technology Solutions reported earnings per share of ($0.10) for the quarter. The company had a negative return on equity of 1251.81% and a negative net margin of 88.17%. Revenue for the quarter was $9.03 million.
As of Friday’s trading session, GWAV opened at $0.04 with a one-year low of $0.04 and a one-year high of $1.12
