HYRE - Watch for Continued Gains in Shares of HyreCar Inc. (HYRE)
Shares of HyreCar Inc. (NASDAQ:HYRE) traded today at $17.81, eclipsing its 52-week high. So far today approximately 488,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Based on a current price of $17.37, HyreCar Inc. is currently 25.9% above its average consensus analyst price target of $12.88.
HyreCar Inc. share prices have moved between a 52-week high of $17.81 and a 52-week low of $2.00 and are now trading 769% above that low price at $17.37 per share.
HyreCar Inc is a peer-to-peer car-sharing marketplace that allows car owners to rent their idle cars to ride-sharing service drivers. The company generates its revenue in the form of transaction fees, insurance fee, and from other sources such as referrals, motor vehicle record fees, late rental fees, and other fees charged to drivers in specific situations.
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