It’s Easy To Bet On Getaround Inc. (NYSE: GETR) For Economic Progress Over The Impending Months

In today’s recent session, 0.57 million shares of the Getaround Inc. (NYSE:GETR) have been traded, and its beta is 1.02. Most recently the company’s share price was $0.14, and it changed around $0.0 or -2.01% from the last close, which brings the market valuation of the company to $13.18M. GETR at last check was trading at a discount to its 52-week high of $0.69, offering almost -392.86% off that amount. The share price’s 52-week low was $0.14. We note from Getaround Inc.’s average daily trading volume that its 3-month average coming to 1.78 million.

Getaround Inc. (NYSE:GETR) trade information

Instantly GETR has been showing red trend so far today with a performance of -2.01% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -39.79% year-to-date, but still down -10.16% over the last five days. On the other hand, Getaround Inc. (NYSE:GETR) is -22.12% down in the 30-day period.

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The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to increase their stock price by 90.67% from its current value. Analyst projections state that GETR is forecast to be at a low of $1.5 and a high of $1.5.

Getaround Inc. (GETR) estimates and forecasts

Getaround Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -37.53 percent over the past six months and at a 38.21% annual growth rate that is well above the industry average of 14.40%. The year-over-year growth rate is expected to be 10.10%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 19.52M in revenue for the current quarter. 1 analysts expect Getaround Inc. to make 20.56M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 18.62M and 23.8M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.80%. Forecasts for the next quarter put sales growth at -13.60%.

GETR Dividends

Getaround Inc.’s next quarterly earnings report is expected to be released in July.