Getaround Inc. (NYSE: GETR) Stock Dropped -35.40% Over A Month – Are There Any Chances Of Growth?

During the last session, Getaround Inc. (NYSE:GETR)’s traded shares were 0.32 million, with the beta value of the company hitting 1.14. The 52-week high for the GETR share is $0.81, that puts it down -305.0 from that peak though still a striking 30.0% gain since the share price plummeted to a 52-week low of $0.14. The company’s market capitalization is $18.64M, and the average trade volume was 590.52K shares over the past three months.

Getaround Inc. (NYSE:GETR) trade information

Getaround Inc. (GETR) registered a 1.94% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.94% in intraday trading to $0.20, hitting a weekly high. The stock’s 5-day price performance is -14.89%, and it has moved by -35.40% in 30 days. Based on these gigs, the overall price performance for the year is -56.01%.

Getaround Inc. (GETR) estimates and forecasts

Statistics show that Getaround Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Getaround Inc. (GETR) shares have gone down -20.70% during the last six months, with a year-to-date growth rate more than the industry average at 30.08% against 19.30. In the rating firms’ projections, revenue will increase 78.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 30.76M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 31.67M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 11.52M and 18.62M respectively. In this case, analysts expect current quarter sales to grow by 167.00% and then jump by 70.10% in the coming quarter.

While earnings are projected to return 30.08% in 2024.

GETR Dividends

Getaround Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Getaround Inc. (NYSE:GETR)’s Major holders