Greenwave Technology Solutions, Inc. (GWAV)
Greenwave Technology Solutions, Inc. operates in the Waste Management industry of the Industrials sector, headquartered in Chesapeake, VA, US. The stock last traded at $4.11, down 3.07% on the session, giving a market capitalisation of $3.4M. On trailing twelve-month figures it carries a trailing P/E of -0.15, a net margin of -33.2%. Its beta of 0.17 implies it has historically moved less than the broad market.
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.
Greenwave Technology Solutions, Inc. is most often compared with the following Industrials names: