Getaround Inc. [GETR] is -13.70% lower this YTD. Is it still time to buy?

VTNR

Getaround Inc. [NYSE: GETR] plunged by -$0.01 during the normal trading session on while it closed the day at $0.20.

Getaround Inc. stock has also loss -3.47% of its value over the past 7 days. However, GETR stock has declined by -19.68% in the 3 months of the year. Over the past six months meanwhile, it has lost -6.50% and lost -13.70% year-on date.

The market cap for GETR stock reached $18.90 million, with 92.83 million shares outstanding and 41.01 million shares in the current float. Compared to the average trading volume of 1.49M shares, GETR reached a trading volume of 6386405 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Getaround Inc. [GETR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GETR shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GETR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Getaround Inc. is set at 0.03, with the Price to Sales ratio for GETR stock in the period of the last 12 months amounting to 0.26. The Price to Book ratio for the last quarter was 6.04, with the Price to Cash per share for the same quarter was set at 0.17.

GETR stock trade performance evaluation

Getaround Inc. [GETR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.47. With this latest performance, GETR shares dropped by -18.88% in over the last four-week period, additionally sinking by -6.50% over the last 6 months – not to mention a drop of -46.29% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GETR stock in for the last two-week period is set at 41.83, with the RSI for the last a single of trading hit 42.92, and the three-weeks RSI is set at 42.41 for Getaround Inc. [GETR]. The present Moving Average for the last 50 days of trading for this stock 0.2501, while it was recorded at 0.2001 for the last single week of trading, and 0.2870 for the last 200 days.

Getaround Inc. [GETR]: An insightful look at the core fundamentals

Getaround Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.27 and a Current Ratio set at 0.27.

Getaround Inc. [GETR]: Institutional Ownership

The top three institutional holders of GETR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in GETR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in GETR stock with ownership which is approximately 5.8386%.