Getaround Inc. (NYSE: GETR)’s stock price has gone decline by -8.67 in comparison to its previous close of 0.27, however, the company has experienced a -24.29% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-15 that Here is how Getaround, Inc. (GETR) and Integral Ad Science (IAS) have performed compared to their sector so far this year.
Is It Worth Investing in Getaround Inc. (NYSE: GETR) Right Now?
The 36-month beta value for GETR is at 1.01. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GETR is 41.01M, and currently, shorts hold a 1.38% of that float. The average trading volume for GETR on April 04, 2024 was 5.01M shares.
GETR’s Market Performance
The stock of Getaround Inc. (GETR) has seen a -24.29% decrease in the past week, with a 2.19% rise in the past month, and a 15.39% gain in the past quarter. The volatility ratio for the week is 9.57%, and the volatility levels for the past 30 days are at 10.82% for GETR. The simple moving average for the past 20 days is -14.91% for GETR’s stock, with a -21.72% simple moving average for the past 200 days.
GETR Trading at -8.76% from the 50-Day Moving Average
After a stumble in the market that brought GETR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.10% of loss for the given period.
Volatility was left at 10.82%, however, over the last 30 days, the volatility rate increased by 9.57%, as shares surge +1.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.32% upper at present.
During the last 5 trading sessions, GETR fell by -24.29%, which changed the moving average for the period of 200-days by -35.14% in comparison to the 20-day moving average, which settled at $0.2848. In addition, Getaround Inc. saw 3.06% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GETR
Current profitability levels for the company are sitting at:
- -1.37 for the present operating margin
- 0.57 for the gross margin
The net margin for Getaround Inc. stands at -1.57. The total capital return value is set at -1.62. Equity return is now at value -313.82, with -62.17 for asset returns.
Based on Getaround Inc. (GETR), the company’s capital structure generated 0.95 points at debt to capital in total, while cash flow to debt ratio is standing at -0.87. The debt to equity ratio resting at 20.76. The interest coverage ratio of the stock is -187.25.
Currently, EBITDA for the company is -85.35 million with net debt to EBITDA at -0.83. When we switch over and look at the enterprise to sales, we see a ratio of 1.2. The receivables turnover for the company is 49.38for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.27.
Conclusion
In conclusion, Getaround Inc. (GETR) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
