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How to Buy Getaround Stock

Getaround Inc

Getaround is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker GETR on the NYSE exchange.

Getaround stock last closed at $0.31, down 3.13% from the previous day, and has increased 11.11% in one year. It has underperformed other stocks in the Software - Application industry by 0.28 percentage points. Getaround stock is currently +124.64% from its 52-week low of $0.14, and -61.73% from its 52-week high of $0.81.

There are currently 93.02M shares of GETR outstanding. The market cap of GETR is $28.84M. In the last 24 hours, 277,768 GETR shares were traded.

How to Buy Getaround Stock

Not sure how to invest in Getaround stock? Here's how.
  1. Choose where to buy Getaround stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Getaround stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your payment method and add your details.
  4. Research Getaround stock: The Getaround ticker symbol is GETR. Is Getaround stock a good investment? Should you buy shares of GETR? How do GETR's underlying business fundamentals look? Do top analysts think Getaround is a good buy? Why has GETR's stock price moved recently? (Hint: Our stock analysis website can help you understand if GETR is a good stock to buy).
  5. Place your GETR trade: Decide if you will purchase GETR shares at the current market price or use a limit order to buy GETR shares at a particular price.
  6. Get updates on your investment in GETR: Create a watchlist to the latest updates on your position in Getaround stock.

Step 1: Choose where to buy Getaround stock

You need a brokerage account in order to access the NYSE market and buy GETR shares.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. eToro gives you:

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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  • Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
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Step 2: Open a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal info so you can invest in GETR today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal details to open your new brokerage account.
  1. Submit your application by hitting the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit funds into your brokerage account

Now that you've created your account on a investment app, you need to deposit funds:

Check out the video below for more details transferring funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Getaround stock

After you have selected the best place to buy Getaround stock, it's absolutely critical to analyze their stock prior to buying, so you actually comprehend the risk as well as the upside.

Getaround Metrics

GETR Price
$0.31
1w %
0.65%
1y %
11.11%
5y %
N/A
P/E
-0.07x
P/B
2.14x
P/S
0.42x
PEG
N/A
Revenue
$68.37M
Earnings
-$115.90M
Fore. Rev. Growth
63.45%
Fore. Earn. Growth
N/A
Market Cap
$28.84M
Next Earnings
N/A
Next Dividend
N/A

GETR Fundamentals

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on GETR's stock page.

Is GETR stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge GETR's true value.

Using relative valuations metrics:

  • GETR may be undervalued based on its P/B ratio of 2.14x, relative to Software - Application industry P/B ratio of 6.94x

You can access additional valuation analysis on GETR's stock here.

GETR Financial Health

Failed Financial Due Diligence Checks:

  • GETR profit margin has gone up by 0.23 percentage points in the past year, but the company is still unprofitable.
  • GETR has cash burn of 119002000. It does not have enough cash and short-term investments to cover this.
  • GETR has a relatively high debt to equity ratio of 11.4.
  • There are more long-term liabilities than short-term assets on the GETR balance sheet.
  • There are more short-term liabilities than short-term assets on the GETR balance sheet.
  • GETR has $25.76M in cash and short term investments. This is not enough to cover its annual cash burn of $119.00M.

You can dive deeper into what analysts are forecasting on the Getaround stock forecast page.

Metrics for Advanced GETR Traders

SMA10
0.3
SMA20
0.28
SMA50
0.26
SMA100
0.23
SMA200
0.31
MACD
0.02
MACD Signal
0.01
MACD Histogram
0
RSI
66.28
Stochastic %K
74.55
Stochastic %D
80.1
StochRSI %K
86.75
StochRSI %D
95.58

How are GETR Revenues/Earnings doing?

Last year, GETR revenue was $68.37M. In the past two year, GETR's revenue has grown by 19.09% per year. This was slower than the Software - Application industry average of 27.46%.

You can analyze GETR's earnings and revenue performance here.

Latest Insiders Trades at GETR

In the last 12 months, executives and large shareholders at GETR have not bought or sold any shares.

Get more info about who owns GETR shares here.

Does GETR stock generate passive income?

No, Getaround doesn't provide an income stream by paying out dividends.

GETR Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your GETR trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price limit, place a limit order.

Hit the Open button and eToro will execute your order.

If you require additional info about buying stocks on eToro, click the helpful video below:

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Step 6: Get updates on your investment in GETR

Now that you own some shares in GETR, you'll want to stay up-to-date on your investment.

Start a watchlist to track the latest developments regarding your GETR stock.

GETR Feed

No news
There is no news on the companies in your watchlist or you don't have enough companies added to your list.

How to Buy Stock in Getaround

To reiterate, here are the 6 steps to buy stock in Getaround:

  1. Choose where to buy Getaround stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Getaround stock
  5. Place your GETR trade
  6. Get updates on your investment in GETR

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Getaround, hit the button below to create your watchlist.

NYSE: GETR
$0.31-0.01 (-3.13%)
Updated Mar 27, 2024
Open eToro Account
NYSE: GETR
$0.31-0.01 (-3.13%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Getaround share?

As of Mar 27, 2024, it costs $0.31 to buy one share of Getaround stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.16, you can buy 0.5 shares of GETR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Getaround stock?

One way to place an order for Getaround stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.