Getaround Inc. (NYSE: GETR) Is Under Pressure Due To Weak Fundamental Momentum.

In the last trading session, 25.85 million Getaround Inc. (NYSE:GETR) shares changed hands as the company’s beta touched 0.68. With the company’s per share price at $0.18 changed hands at $0.04 or 32.30% during last session, the market valuation stood at $4.76M. GETR’s last price was a discount, traded about -5550.0% off its 52-week high of $10.17. The share price had its 52-week low at $0.14, which suggests the last value was 22.22% up since then. When we look at Getaround Inc.’s average trading volume, we note the 10-day average is 3.17 million shares, with the 3-month average coming to 253.63K.

Getaround Inc. (NYSE:GETR) trade information

Instantly GETR was in green as seen at the end of in last trading. With action 1.84%, the performance over the past five days has been green. The jump to weekly highs of 0.3411 on Friday, 11/17/23 added 32.30% to the stock’s daily price. The company’s shares are showing year-to-date downside of -72.00%, with the 5-day performance at 1.84% in the green. However, in the 30-day time frame, Getaround Inc. (NYSE:GETR) is -31.32% down. Looking at the short shares, we see there were 0.19 million shares sold at short interest cover period of 0.76 days.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


The consensus price target for the stock as assigned by Wall Street analysts is $1.25, meaning bulls need an upside of 85.6% from its current market value. According to analyst projections, GETR’s forecast low is $1.25 with $1.25 as the target high. To hit the forecast high, the stock’s price needs a -594.44% plunge from its current level, while the stock would need to soar -594.44% for it to hit the projected low.

Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of $15.44 million. 3 analysts are of the opinion that Getaround Inc.’s revenue for the quarter ending Mar 2023 will be $15.12 million.

GETR Dividends

Getaround Inc. is expected to release its next quarterly earnings report in December.

On Key

Related Posts