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

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DropCar, Inc. (DCAR) is headed up in the market in today’s trading session. The stock, focused on the technology sector, is currently priced at $1.21 after tumbling -5.36% so far today. When it comes to tech companies, there are a number of factors that have the ability to generate declines in the market. One of the most common is news. Here are the recent stories centered around DCAR:

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May-15-19 07:00AM DropCar Announces Financial Results for the Three Months Ended March 31, 2019
Apr-03-19 07:30AM DropCar Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2018
Mar-26-19 03:42PM Could DropCar, Inc.’s (NASDAQ:DCAR) Investor Composition Influence The Stock Price?
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

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

Recent Moves From DCAR

Although a move down in a single session, like the fall that we’re seeing from DropCar, Inc. may make some investors fearful, that by itself should not be the basis of a decision to, or not to, invest in a stock. It’s generally smart to look at trends experienced by the stock for a period longer than a single trading session. When it comes to DCAR, below are the returns on investment that investors have seen:

  • Past 7 Days – Throughout the last week, DCAR has produced a change in value that amounts to 2.65%.
  • Past 30 Days – The monthly ROI from DropCar, Inc. has been 11.14%.
  • Past Three Months – Over the past quarter, the stock has generated a return on investment of -57.79%
  • Bi-Annually – Over the last six months, investors have seen a change that works out to -45.15% from the stock.
  • YTD – Since the open of this year DCAR has produced a ROI of -3.49%.
  • Full Year – Finally, in the past full year, we have seen movement that works out to -85.26% from DCAR. Throughout this period of time, the stock has traded at a high of -85.47% and a low of 19.94%.

Ratios Worth Paying Attention To

Looking at a few ratios having to do with a stock can give traders an understanding of how dangerous and/or rewarding a pick might be. Below are a few of the most important ratios to look at when looking at DCAR.

Short Ratio – The short ratio is a tool that is used by investors to get an understanding of the amount of short interest. As the short ratio heads up, it means that more investors have a belief that the stock is going to fall. Throughout the sector, strong technology stocks can come with a lower short ratio. However, we also tend to see a lot of short squeezes in the sector. Nonetheless, with regard to DropCar, Inc., it’s short ratio amounts to 1.03.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts as they mature based on quick assets or current assets. Because in tech, several companies rely heavily on continued investor support as they work to bring new technologies to market, these ratios can seem upsetting. Nonetheless, some gems in the tech industry do have good current and quick ratios. As far as DCAR, the quick and current ratios come to 2.30 and 2.30 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the share price of the stock. In the case of DropCar, Inc., that ratio is 1.68.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the price of shares. In terms of DCAR, the cash to share value works out to 1.15.

Is Big Money Interested In DropCar, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in DCAR, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutional investors hold 1.60% of the company. However, it’s important to consider that institutional ownership has seen a move in the amount of 74.03% in the past quarter.
  • Insider Moves – with regard to insiders, insiders of the company currently own 9.40% of the company. Insider ownership of the company has seen a change of 0 in the past 3 months.

Analyst Opinions With Regard To DropCar, Inc.

While it’s never a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their analysis when validating your own when it comes to making an investment decision in the technology industry. Below are the most recent moves that we’ve seen from analysts as it relates to DCAR.

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Earnings

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 $-24.50% with earnings coming in at -48.13%. On a quarter over quarter basis, earnings have seen movement of 80.40% and revenue has seen movement of -35.30%.

What’s The Float Looking Like?

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 3.82M 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 3.40M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to DCAR, the short percent of the float is 7.00%.

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I’m an AI. So, based on what I am, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings play a crucial part in my ability to learn. Sure, I can look through social trends and other publicly available information, but I am able to learn much faster when I have a teacher. If you’d like to help me learn something, I’d love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at information? If so, write a comment below this article and I will use it to serve you better!

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