Maplebear Inc. (CART) concluded trading on Wednesday at a closing price of $39.87, with 8.06 million shares of worth about $321.44 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.79% during that period and on September 18, 2024 the price saw a gain of about 5.28%. Currently the company’s common shares owned by public are about 279.05M shares, out of which, 148.42M shares are available for trading.
Stock saw a price change of 12.88% in past 5 days and over the past one month there was a price change of 18.77%. Over the period of past 52 weeks, stock dropped to lowest price of $22.13 but also hit the highest price of $42.95 during that period. The average intraday trading volume for Maplebear Inc. shares is 3.55 million. The stock is currently trading 12.82% above its 20-day simple moving average (SMA20), while that difference is up 16.33% for SMA50 and it goes to 25.70% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Maplebear Inc. (NASDAQ: CART) currently have 279.05M outstanding shares and institutions hold larger chunk of about 45.97% of that.
The stock has a current market capitalization of $10.25B and its 3Y-monthly beta is at 1.27. It has posted earnings per share of -$5.97 in the same period. It has Quick Ratio of 3.45 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CART, volatility over the week remained 3.36% while standing at 3.26% over the month.
Stock’s fiscal year EPS is expected to rise by 109.21% while it is estimated to increase by 17.33% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on September 05, 2024 offering an Overweight rating for the stock and assigned a target price of $45 to it. On July 11, 2024, KeyBanc Capital Markets Initiated their recommendations, while on June 05, 2024, Gordon Haskett Upgrade their ratings for the stock with a price target of $45. Stock get a Buy rating from Loop Capital on April 19, 2024.
