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Getaround Inc.: Navigating Market Volatility with a 1.79 Debt-to-Equity Ratio

The stock price for Getaround Inc. (GETR) currently stands at $0.32. The stock experienced a substantial increase in the last session, hitting $0.3966 after starting at $0.38. The stock’s lowest price was $0.325 before closing at $0.40.

Getaround Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $10.17 on 12/01/22, while the lowest value for the same period was recorded at $0.23 on 04/06/23.

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52-week price history of GETR Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Getaround Inc.’s current trading price is -96.80% away from its 52-week high, while its distance from the 52-week low is 41.12%. The stock’s price range during the 52-week period has remained between $0.23 and $10.17. In the Technology sector, the company’s shares saw a trading volume of around 0.65 million for the day, which was evidently higher than the average daily volume of 0.45 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Getaround Inc. (GETR) has experienced a quarterly decline of -12.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.40M and boasts a workforce of 262 employees.

A Closer Look at Analysts’ Ratings for Getaround Inc.

As of right now, 3 analysts are rating Getaround Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4668, with a change in price of -0.2850. Similarly, Getaround Inc. recorded 2,229,287 in trading volume during the last 100 days, posting a change of -46.72%.

Examining GETR’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for GETR stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

GETR Stock Stochastic Average

As of today, Getaround Inc.’s raw stochastic average for the last 50 days stands at 0.00%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 0.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 33.81% and 35.90%, respectively.

GETR Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -50.19%. However, over the past six months, we’ve seen a stronger performance of -20.73%. The price of GETR leaped by -34.21% over the last 30 days. And in the last five days, it has fallen by -20.34%.

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