Getaround Acquires HyreCar Assets to Accelerate Profitability Path and Fortify Worldwide Gig Carsharing Leadership Position
| GETRDelisted Stock | 0.12 0.01 7.69% |
Slightly above 61% of Getaround's investor base is looking to short. The analysis of overall sentiment of trading Getaround otc stock suggests that many investors are alarmed at this time. Getaround's investing sentiment overview a quick insight into current market opportunities from investing in Getaround. Many technical investors use Getaround stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Getaround otc stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Getaround daily returns and investor perception about the current price of Getaround as well as its diversification or hedging effects on your existing portfolios.
Getaround |
SAN FRANCISCO, May 11, 2023 Getaround , the worlds first connected carsharing marketplace, today announced the company is acquiring substantially all of the assets of HyreCar , a premier gig carsharing marketplace, for an aggregate purchase price of 9.45 million. The acquisition is expected to add up to 75 million of run-rate annualized Gross Booking Value and to contribute positive Adjusted EBITDA, accelerating Getarounds path to profitability. Adjusted EBITDA is a n
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Getaround Fundamental Analysis
We analyze Getaround's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Getaround using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Getaround based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Getaround is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Getaround Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Getaround otc stock to make a market-neutral strategy. Peer analysis of Getaround could also be used in its relative valuation, which is a method of valuing Getaround by comparing valuation metrics with similar companies.
Peers
Getaround Related Equities
| IDAI | Trust Stamp | 21.62 | ||||
| HTCR | HeartCore Enterprises | 5.30 | ||||
| IFBD | Infobird | 3.79 | ||||
| QH | Quhuo | 1.97 | ||||
| SOUN | SoundHound | 6.11 | ||||
| BMR | Beamr Imaging | 9.50 |
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Other Consideration for investing in Getaround OTC Stock
If you are still planning to invest in Getaround check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Getaround's history and understand the potential risks before investing.
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