HyreCar Inc. ( HYRE) Stock. Should you Buy or Sell? $ 1.31
-0.06 (-4.80 %)
HyreCar Inc. Analysis
Updated on 10-09-2022| Symbol | HYRE |
| Price | $1.31 |
| Beta | 2.831 |
| Volume Avg. | $2.46 M |
| Market Cap | $28.79 M |
| 52 Week Range | $0.56 - $12.53 |
HyreCar Inc. opened the day at $1.31 which is -4.80 % on yesterday's close. HyreCar Inc. has a 52 week high of $12.53 and 52 week low of $0.56, which is a difference of $11.97. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $28.79 M and total net profit is $35716031 which means the company is trading at 0.81 times profit to market capitalization. Theoretically, if you were to buy HyreCar Inc. for $28.79 M, it would take 15 years to get your money back. HyreCar Inc. are in the Rental & Leasing Services space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
HyreCar Inc. Stock Forecast - Is HyreCar Inc. a Buy or Sell?
| DCF Score | Strong Buy | |
| ROE Score | Strong Buy | |
| ROA Score | Strong Sell | |
| DE Score | Strong Sell | |
| PE Score | Sell | |
| PB Score | Strong Sell | |
| Overall Recommendation | Neutral |
Growth and Value
| PE Ratio | -1.493 |
| Dividend Yiel | 0.000 |
| Net Profit Margin | -0.487 |
Valuing HyreCar Inc.
| Price Book Value Ratio | -14.329 | Price To Book Ratio | -14.329 |
| Price To Sales Ratio | 0.727 | Price Earnings Ratio | -1.493 |
How liquid is HyreCar Inc.
| Current Ratio | 0.735 |
| Quick Ratio | 0.382 |
Debt
| Debt Ratio | 1.219 | Debt Equity Ratio | -5.567 |
| Long Term Debt To Capitalization | 0.000 | Total Debt To Capitalization | 0.000 |
Latest news about HyreCar Inc.
Here's what you need to know about buying penny stocks on September 7th The post Are These Penny Stocks on Your September Buy List? appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Source: Maridav / Shutterstock.com Shares of HyreCar (NASDAQ: HYRE ) stock are up by over 50% today after the company announced that it has received a $100 million revolving line of credit (RLOC) from Medalist Partners and an undisclosed “premier global investment bank.” The bank will “provide primary financing” while Medalist provides $20 million of capital.
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HyreCar Inc. (NASDAQ:HYRE ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Scott Arnold – Investor Relations-CORE IR Joe Furnari – Chief Executive Officer Serge De Bock – Chief Financial Officer Conference Call Participants Jack Vander Aarde – Maxim Group Jon Hickman – Ladenburg Operator Good afternoon ladies and gentlemen. Thank you for standing by.
HyreCar, Inc. (NASDAQ:HYRE ) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants Scott Arnold - CORE IR Joseph Furnari - Chief Executive Officer & Director Brian Allan - President Serge De Bock - Chief Financial Officer Conference Call Participants Mark Argento - Lake Street Capital Markets Operator Good afternoon, ladies and gentlemen. Thank you for standing by.
About HyreCar Inc.
Description :
HyreCar Inc., together with subsidiaries, operates a web-based car-sharing marketplace in the United States. Its marketplace allows car and fleet owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. HyreCar Inc. was incorporated in 2014 and is headquartered in Los Angeles, California.
