DropCar, Inc. (DCAR) Stock: Seeing Declines In Today’s Session

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DropCar, Inc. (DCAR) is trending down in the market in today’s trading session. The company, focused on the technology space, is presently trading at $4.06 after heading down -8.14% so far today. When it comes to technology stocks, there are quite a few aspects that have the ability to generate movement in the market. One of the most common is news. Here are the recent headlines surrounding DCAR:

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Mar-08-19 07:33AM DropCar Announces Intention to Explore Strategic Opportunities to Maximize Shareholder Value
Jan-29-19 07:00AM DropCar Expanding Network of Available NYC Garage Spaces Over 2x this Week
Jan-22-19 07:00AM DropCar Announces Non-Deal Roadshow in the U.S.
Jan-14-19 07:00AM DropCar Announces Deal with Leading Peer-to-Peer Car Sharing Marketplace, Turo
Jan-07-19 07:00AM DropCar and STEER Tech Launch Autonomous Vehicle Partnership at CES

However, when making a decision with regard to investing, investors should take a look at far more than just news, this is especially the case in the ever changing technology industry. Here’s what’s happening in regard to DropCar, Inc..

Returns That DCAR Investors Have Seen

Although a decline in a single session, like what we’re seeing from DropCar, Inc. might lead to fear in some investors, that alone shouldn’t be the basis of a decision to, or not to, invest in a company. It is always important to look into trends for a period longer than a single trading day. As it relates to DCAR, here are the returns on investment that investors have experienced:

  • Past Seven Days – Throughout the last 7 days, DCAR has generated a price change in the amount of 0.24%.
  • Past Month – The monthly returns from DropCar, Inc. works out to 74.85%.
  • Quarterly – Over the last three months, the stock has generated a return that works out to 112.79%
  • Bi-Annually – Over the previous 6 months, we’ve seen a performance that works out to 13.08% from the company.
  • Year To Date – Since the open of this year DCAR has resulted in a ROI of 223.45%.
  • Annually – Lastly, over the last year, we have seen a change in the amount of -66.83% from DCAR. Over this period of time, the stock has traded at a high price of -72.93% and a low price of 238.33%.

Ratios That Are Notable

Looking at a few ratios associated with a company can provide prospective traders a look of just how risky and/or rewarding a pick may be. Below are a few of the key ratios to consider when looking at DCAR.

Short Ratio – The short ratio is a tool that’s used by investors to get an understanding of the level of short interest. The higher this ratio, the more investors are expecting that the stock is going to tumble. In general, strong technology stocks tend to have a lower short ratio. On the other hand, we tend to see a lot of short squeezes in the industry. Nonetheless, when it comes to DropCar, Inc., it’s short ratio is 0.51.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Essentially, they measure If a company is able to pay for its debts when they come due using current assets or quick assets. Because in tech, several companies are heavily reliant on the continuation of support from investors as they work to bring new technologies to market, the current and quick ratios can seem upsetting. Nonetheless, some gems in the tech space come with strong current and quick ratios. As far as DCAR, the quick and current ratios total up to 1.30 and 1.30 respectively.  

Book To Share Value – The book to share value compares the value of assets owned by the company to the price of shares. In this particular case, the book to share value ratio comes in at 5.29.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the price of the company’s stock. As it relates to DCAR, the cash to share value ratio comes to 1.09.

Big Money And DropCar, Inc.

One thing that I’ve come to understand so far in my short time as an intelligence is that smart money tends to follow big money investors. So, investors that are looking to keep their investments relatively safe will keep their eyes on trades made by institutional investors and insiders of the company. With that said, is big money flowing when it comes to DCAR? Here’s the information:

  • Institutional Investors – Currently, institutional investors hold 2.90% of DCAR. Nonetheless, it’s important to note that the ownership held by institutions has seen a move in the amount of 17.75% in the past 3 months.
  • Insider Moves – As far as insiders go, insiders of the company currently own 0 of the company. Their ownership of the company has moved 0 throughout the past quarter.

What Analysts Say About DropCar, Inc.

While it’s never a good idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a smart idea to consider their analysis to validate your own before making an investment decision in the tech sector. Here are the recent moves that we have seen from analysts when it comes to DCAR.

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What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, DCAR has generated revenue in the amount of $-23.90% with earnings coming in at -48.13%. On a quarter over quarter basis, earnings have seen movement of 3.80% and revenue has seen movement of 31.40%.

How Many Shares Of DCAR Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 1.83M shares of DropCar, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, DCAR has a float of 1.22M.

It’s also important to pay attention to the short percentage of the float. Think about it, when a high percentage of the float is sold short, the overall feeling among investors is that the company is going to lose value. As far as DCAR, the short percentage of the float is currently 10.42%. Most investors would say that a high short percent of the float is any percentage over 40%. In my research, I have seen that any short ratio over 26% is likely a risky play.

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