What happens when you suddenly need a drive at nights and you don’t have conveyance. The only option is to take the cars on rent and roam your city out. The rented cars are perfect with no flaws and problems. They guarantee you the safest drives.
But have you ever thought about the behind process? How is it so easy to take a car and ride it? Some companies are working hard and managing all the hustle behind the service. The NASDAQ: HYRE at https://www.webull.com/quote/nasdaq-hyre is one of them.
NASDAQ: HYRE is a company that operates the peer-to-peer car-sharing marketplace in which they allow the car owners to give their cars on rent to ride-sharing service drivers. They provide 24*7 services to the customers with no problem caused.
Stock price
- Previous close- 2.9800
- Open- 2.9800
- Bid- 0.0000*1800
- ask- 3.2000*800
- Day’s range- 2.7800-3.1000
- 52 week range- 0.8800 – 4.0800
- Volume204,268
- Avg. Volume258,401
Together with subsidiaries, it operates a web-based car renting marketplace in the United States. The services like uber and Lyft are the safe and best services provided by the company to enhance the customer inducement in the services.
Last quarter’s earnings
Hyre car released it’s quarterly earning on 14 May. The company reported EPS for the quarter hitting the consensus estimate of $0.25. The company achieved a big target of $5.78 million during the quarter. HyreCar had a negative return on equity of 175.96% and a negative net margin of 80.33%.
Target price
4 brokers together have issued the target price for the hyre car. Their forecast range from $5.00 to $7.00. On the calculation on an average, the estimated share price of the company would reach out to be $5.94 in the next year. This is an achievement for the owners.
News coverage
The news coverage has covered many of the positive aspects of the company. How customers are satisfied and enjoying. The prices are reasonable and affordable to them. HyreCar trades on the NASDAQ under the ticker symbol “HYRE.”
There are a variety of institutional investors who were involved in the carrying forward of the organization.
According to the research, the NASDAQ: HYRE is operating a platform as a service company. HyreCar Inc. is based in Los Angeles, United States, which allows car owners to rent their cars to the drivers, and allows them to enroll in the service.
This has been coming out to be worth spending service and has never failed the company in terms of any convenience. It is always up to the mark and non-complainable. You can do stock trading with stock trading app with options trading. Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.