HyreCar Inc

Company Profile

HyreCar Inc had its IPO on 2018-06-27 under the ticker symbol HYRE.

The company operates in the Industrials sector and Passenger Transportation Services industry. HyreCar Inc has a staff strength of 76 employees.

Stock update

Shares of HyreCar Inc opened at $0.02 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.02 - $0.02, and closed at $0.02.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of HyreCar Inc have increased by 0%.

HyreCar Inc's Key Ratios

HyreCar Inc has a market cap of $562664, indicating a price to book ratio of 6.499 and a price to sales ratio of 0.3431.

In the last 12-months HyreCar Inc’s revenue was $39.89 million with a gross profit of $9.77 million and an EBITDA of $-20361986. The EBITDA ratio measures HyreCar Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, HyreCar Inc’s operating margin was -51.14% while its return on assets stood at -65.09% with a return of equity of -374.52%.

In Q3, HyreCar Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 6.4%.

HyreCar Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.81 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into HyreCar Inc’s profitability.

HyreCar Inc stock is trading at a EV to sales ratio of 0.1517 and a EV to EBITDA ratio of -0.2984. Its price to sales ratio in the trailing 12-months stood at 0.3431.

HyreCar Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$17.56 million

Total Liabilities

$14.86 million

Operating Cash Flow

$-65000.00

Capital Expenditure

$65000

Dividend Payout Ratio

0%

HyreCar Inc ended 2024 with $17.56 million in total assets and $0 in total liabilities. Its intangible assets were valued at $17.56 million while shareholder equity stood at $2.13 million.

HyreCar Inc ended 2024 with $0 in deferred long-term liabilities, $14.86 million in other current liabilities, 301.00 in common stock, $-85284790.00 in retained earnings and $0 in goodwill. Its cash balance stood at $9.11 million and cash and short-term investments were $9.11 million. The company’s total short-term debt was $751,099 while long-term debt stood at $0.

HyreCar Inc’s total current assets stands at $13.64 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $172478.00 compared to accounts payable of $7.72 million and inventory worth $0.

In 2024, HyreCar Inc's operating cash flow was $-65000.00 while its capital expenditure stood at $65000.

Comparatively, HyreCar Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.02

52-Week High

$1.63

52-Week Low

$0.0103

Analyst Target Price

$5.33

HyreCar Inc stock is currently trading at $0.02 per share. It touched a 52-week high of $1.63 and a 52-week low of $1.63. Analysts tracking the stock have a 12-month average target price of $5.33.

Its 50-day moving average was $0.03 and 200-day moving average was $0.54 The short ratio stood at 4.79 indicating a short percent outstanding of 0%.

Around 1448.4% of the company’s stock are held by insiders while 4569.2% are held by institutions.