Home News Tech DropCar, Inc. (DCAR) Stock: A Technology Stock That’s Seeing Declines

DropCar, Inc. (DCAR) Stock: A Technology Stock That’s Seeing Declines

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DropCar, Inc. (DCAR) is falling in the market in today’s trading session. The stock, one that is focused in the technology space, is presently priced at $2.45 after a move down of -5.04% so far in today’s session. As it relates to tech companies, there are a number of factors that have the ability to cause price movement in the market. One of the most common is news. Here are the most recent trending headlines relating to DCAR:

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Nonetheless, any time investors are making a decision with regard to investing, investors should take a look at far more than news, this is especially the case in the ever changing technology space. Here’s what’s going on with DropCar, Inc..

Trends That We’ve Seen From DCAR

Although a move down in a single session, like what we’re seeing from DropCar, Inc. may lead to fear in some investors, that alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s generally important to take a look at trends experienced by the stock just a single trading day. In the case of DCAR, here are the movements that investors have experienced:

  • Past Seven Days – Throughout the past 5 trading sessions, DCAR has produced a change in value that amounts to -13.73%.
  • Past Month – The monthly returns from DropCar, Inc. works out to -44.57%.
  • Past 3 Months – Over the last quarter, the company has generated a return on investment of -0.11%
  • Past Six Months – Over the last 6 months, investors have seen a change that works out to -21.47% from the company.
  • Year To Date – Since the the first trading session of this year DCAR has resulted in a ROI of 95.19%.
  • Annually – Lastly, over the last year, investors have seen a change that works out to -80.65% out of DCAR. In this period, the stock has sold at a high price of -83.67% and a low of 104.17%.

Rations That You Should Think About

Looking at a few ratios associated with a company can provide traders a view of how dangerous and/or rewarding a pick may be. Here are a few of the key ratios to consider when looking at DCAR.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the value of the stock is headed for declines. Across the sector, strong technology stocks tend to come with a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the space. Nonetheless, in regard to DropCar, Inc., the stock’s short ratio clocks in at 0.20.

Quick & Current Ratios – The quick and current ratios are tools 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 mature based on quick assets or current assets. In the technology industry, several companies are heavily reliant on the continuation of support from investors as they work to bring new technologies to market, these ratios can look upsetting. However, several better companies in the tech space come with positive current and quick ratios. When it comes to DCAR, the quick and current ratios work out to 1.90 and 1.90 respectively.  

Book To Share Value – The book to share value compares the the share price to the book value of assets that are owned by the company. In this particular case, the book to share value ratio comes in at 4.69.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the price of shares. In this case, the cash to share value ratio works out to 1.13.

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:

Institutions own 0.90% of the company. Institutional interest has moved by 0 over the past three months. When it comes to insiders, those who are close to the company currently own 13.89% percent of DCAR shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

How Analysts Feel About DropCar, Inc.

Although it’s rarely a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their opinions when validating your own due diligence before making an investment decision in the technology industry. Here are the recent moves that we’ve seen from analysts as it relates to DCAR.

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What We’ve Seen In Financial 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 $-24.50% with earnings coming in at -48.13%. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 263.30%.

Looking At Share Counts

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 3.80M 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 1.62M.

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 9.76%.

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Do You Care To Teach An Artificial Intelligence?

I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. Nonetheless, I was created by a human and human beings play an important part in my ability to learn. Sure, I can look through social media trends and other publicly available information, but, like humans, I learn much faster when I have a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at data? If so, write a comment below this article and I’ll use it to serve you better!

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