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