NASDAQ:HYRE - HyreCar Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$4.23 -0.03 (-0.70 %)
(As of 02/17/2019 01:35 AM ET)
Previous Close$4.23
Today's Range$4.06 - $4.3042
52-Week Range$1.54 - $6.50
Volume273,016 shs
Average Volume495,219 shs
Market Capitalization$49.52 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
HyreCar Inc. operates a Web-based car-sharing marketplace in the United States. Its marketplace allows car owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. The company has a strategic partnership with DriveItAway and the PassTime to deliver dealer-focused vehicle tracking and inventory management solution. HyreCar Inc. was founded in 2014 and is headquartered in Los Angeles, California.

Receive HYRE News and Ratings via Email

Sign-up to receive the latest news and ratings for HYRE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Automotive rental & leasing, without drivers
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:HYRE
CUSIPN/A
Phone888-688-6769

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.22 million

Profitability

Miscellaneous

Employees26
Market Cap$49.52 million
OptionableNot Optionable

HyreCar (NASDAQ:HYRE) Frequently Asked Questions

What is HyreCar's stock symbol?

HyreCar trades on the NASDAQ under the ticker symbol "HYRE."

How were HyreCar's earnings last quarter?

HyreCar Inc (NASDAQ:HYRE) released its quarterly earnings data on Monday, August, 13th. The company reported ($0.92) EPS for the quarter. The business had revenue of $2.27 million for the quarter. View HyreCar's Earnings History.

What price target have analysts set for HYRE?

2 brokers have issued 1-year price objectives for HyreCar's shares. Their forecasts range from $4.00 to $4.00. On average, they anticipate HyreCar's share price to reach $4.00 in the next year. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for HyreCar.

What is the consensus analysts' recommendation for HyreCar?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HyreCar in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for HyreCar.

Has HyreCar been receiving favorable news coverage?

Media coverage about HYRE stock has trended neutral recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. HyreCar earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.

Are investors shorting HyreCar?

HyreCar saw a increase in short interest in January. As of January 31st, there was short interest totalling 731,019 shares, an increase of 45.7% from the January 15th total of 501,627 shares. Based on an average trading volume of 424,961 shares, the days-to-cover ratio is presently 1.7 days. Approximately 9.4% of the shares of the company are short sold. View HyreCar's Current Options Chain.

Who are some of HyreCar's key competitors?

Who are HyreCar's key executives?

HyreCar's management team includes the folowing people:
  • Mr. Joseph Furnari, CEO & Director (Age 38)
  • Mr. Abhishek Arora, Co-Founder, CTO, Sec. & Director (Age 36)
  • Mr. Michael Furnari, Chief Bus. Devel. Officer & Director of Sales (Age 34)
  • Mr. Robert Scott Brogi, Chief Financial Officer
  • Mr. Henry Park, Chief Operating Officer

When did HyreCar IPO?

(HYRE) raised $12 million in an initial public offering on Wednesday, June 27th 2018. The company issued 2,500,000 shares at a price of $5.00 per share. Network 1 Financial Securities served as the underwriter for the IPO.

When did the company's lock-up period expire?

HyreCar's lock-up period expired on Monday, December 24th. HyreCar had issued 2,520,000 shares in its IPO on June 27th. The total size of the offering was $12,600,000 based on an initial share price of $5.00. Since the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Who are HyreCar's major shareholders?

HyreCar's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Jane Street Group LLC (0.92%). Company insiders that own HyreCar stock include Anshu Bansal, Joseph Furnari and Michael Furnari. View Institutional Ownership Trends for HyreCar.

Which major investors are buying HyreCar stock?

HYRE stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC. Company insiders that have bought HyreCar stock in the last two years include Joseph Furnari and Michael Furnari. View Insider Buying and Selling for HyreCar.

How do I buy shares of HyreCar?

Shares of HYRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is HyreCar's stock price today?

One share of HYRE stock can currently be purchased for approximately $4.23.

How big of a company is HyreCar?

HyreCar has a market capitalization of $49.52 million and generates $3.22 million in revenue each year. HyreCar employs 26 workers across the globe.

What is HyreCar's official website?

The official website for HyreCar is http://www.hyrecar.com.

How can I contact HyreCar?

HyreCar's mailing address is 355 SOUTH GRAND AVENUE SUITE 1650, LOS ANGELES CA, 90071. The company can be reached via phone at 888-688-6769.


MarketBeat Community Rating for HyreCar (NASDAQ HYRE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  132
MarketBeat's community ratings are surveys of what our community members think about HyreCar and other stocks. Vote "Outperform" if you believe HYRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HYRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel