Stock Forecast

  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


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Financials




HyreCar Inc. Stock Forecast - Is HyreCar Inc. a Buy or Sell?


DCF ScoreStrong Buy
ROE ScoreStrong Buy
ROA ScoreStrong Sell
DE ScoreStrong Sell
PE ScoreSell
PB ScoreStrong Sell
Overall RecommendationNeutral

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.


Are These Penny Stocks on Your September Buy List?

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.

Date : 07/09/2022

What Is Going on With HyreCar (HYRE) Stock Today?

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.

Date : 06/09/2022

3 Penny Stocks To Buy Now For Under $4 In September

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Date : 06/09/2022

HyreCar, Inc. (HYRE) CEO Joe Furnari on Q2 2022 Results - Earnings Call Transcript

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.

Date : 15/08/2022

HyreCar, Inc. (HYRE) CEO Joseph Furnari on Q1 2022 Results - Earnings Call Transcript

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.

Date : 16/05/2022





About HyreCar Inc.


CEO : Mr. Joseph Furnar
Sector : Industrials
Industry : Rental & Leasing Services

Website : https://www.hyrecar.com

Exchange : NASDAQ Capital Market

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.


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