|Bid||4.00 x 1400|
|Ask||4.04 x 1000|
|Day's Range||3.9200 - 4.2700|
|52 Week Range||1.5380 - 6.5000|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.50|
HyreCar Inc., which lets drivers rent cars to work for ridesharing companies, has named board member Grace Mellis as chairman, replacing Anshu “Andy” Bansal who stepped down to join a new start up.
HyreCar Inc. (HYRE) (the “Company”), the carsharing marketplace for ridesharing, today announced that the Board of Directors has appointed Grace Mellis as Chairman of the Board of Directors, effective January 9, 2019. Ms. Mellis, a current member of the HyreCar Board and chair of its audit committee, will succeed Anshu (Andy) Bansal who stepped down from the Board to pursue a new start up opportunity. Ms. Mellis brings more than 25 years of management and finance expertise into her role as Chairman.
HyreCar Inc. (HYRE) (the “Company”), the carsharing marketplace for ridesharing, today announced that Brian Allan has been appointed to lead automotive OEM and dealer-based shared mobility initiatives and strategic alliances. Allan brings 40 years of experience within the automotive industry to HyreCar. During his 30-year tenure, Allan led the growth of the world-renowned Galpin Premier Automotive Group, the luxury division of one of the largest volume dealer groups in the nation, Galpin Motors.
HyreCar Inc. (HYRE), the carsharing marketplace for ridesharing, today announced that it has launched a free credit repair program for new rideshare drivers in New Jersey and Pennsylvania in conjunction with Sansone Jr.’s 66 Automall, a leading dealer group in the region. This first of its kind program is being offered as a continuation of HyreCar’s mission to improve the lives of rideshare drivers by giving them a true path to vehicle ownership. HyreCar is proud to be the first Mobility-as-a-Service platform to focus on the long-term needs of dealerships and rideshare drivers.
HyreCar Inc (NASDAQ:HYRE), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is HYRE will Read More...
HyreCar Inc. , the carsharing marketplace for ridesharing, today announced that management will attend the LD Micro Main Event XI Conference in Los Angeles and the Maxim Group TMT Conference in New York.
HyreCar Inc. (HYRE), the carsharing marketplace for ridesharing, is proud to announce a major new industry innovation with Stork Driver PA and Reedman-Toll Auto Group. Believed to be an industry first, Reedman-Toll is dedicating a full 14 vehicle showroom parking area, a vehicle service shop, and a drivers’ lounge, available exclusively to rideshare drivers, while Stork Driver PA will provide institutional vehicle supply on HyreCar’s platform.
FY 2018 Revenues Expected to Range Between $9.75-$10.25 Million; Gross Profit Expected to Range Between $4.5-$5.0 Million
Carsharing marketplace HyreCar Inc. said it has expanded its platform for drivers and vehicle owners to all 50 U.S. states from 34 previously.
HyreCar Inc. (HYRE), the carsharing marketplace for ridesharing, today announced the Company has expanded access to its proprietary platform for drivers and vehicle owners in all 50 U.S. states. This expansion represents an increase from the Company’s previously announced availability in 34 states. The Company has added Delaware, Oklahoma, Nebraska, Arkansas, Rhode Island, New Hampshire, New Mexico, Maine, Idaho, South Dakota, Alaska, North Dakota, Vermont, Montana, West Virginia and Wyoming to its carsharing marketplace platform.
HyreCar Inc. (HYRE), the carsharing marketplace for ridesharing, announced that John Possumato (DriveItAway/HyreCar Commercial Solutions President), joined by Kunal Malhotra (Assurant Vice President, Product Development and Innovation) and Scott Lilja (NIADA Senior Vice President, Member Services), will conduct a presentation explaining how innovative dealers today are making more money and selling more vehicles leveraging new Mobility as a Service offerings.
HyreCar Inc. (HYRE) (the “Company”), the carsharing marketplace for ridesharing, today announced that the Company’s management will attend the 2018 SEMA Show, hosted by the Specialty Equipment Market Association, in Las Vegas, Nevada from October 30th through November 2nd, 2018. Mike Furnari, Chief Business Development Officer of HyreCar, will attend the event on behalf of HyreCar to discuss the benefits of the HyreCar platform for dealerships, OEMs, and other large automotive industry players.
HyreCar Inc. (HYRE) (the “Company”), the carsharing marketplace for ridesharing, today announced the appointment of Henry Park, a widely respected digital marketing thought leader, as Chief Operating Officer. “I am pleased to announce the appointment of Henry Park as our Chief Operating Officer,” said Joe Furnari, CEO of HyreCar. As part of HyreCar’s growth plan, Henry Park will be working with the Company’s leadership team to improve HyreCar’s end-to-end user funnel, streamline the rideshare insurance claims process and optimize customer service to improve the overall user experience.
HyreCar Inc. , , the car-sharing marketplace for ridesharing, announced it will release its financial results for the third quarter ended September 30, 2018 after market close on Thursday, November 8, 2018.
Since its June market debut , HyreCar Inc (NASDAQ: HYRE ) has steadily tumbled 54 percent. Now it’s got nowhere to go but up, according to Taglich Brothers. The Analyst Analyst Howard Halpern initiated ...
HyreCar Inc., headquartered in Los Angeles, California, operates a carsharing marketplace platform for ridesharing through its proprietary technology. The HyreCar marketplace platform, which operates in 34 states and Washington, D.C., is a technology platform designed to support a peer-to-peer carsharing marketplace allowing car owners to rent their idle vehicles to ridesharing service drivers. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.
HyreCar Inc. (HYRE), the carsharing marketplace for ridesharing, today announced that it has entered into an agreement with Shift Technology. As a result, HyreCar will deploy SHIFT Technology’s ForceTM, an industry proven, AI-driven fraud detection solution to optimize its insurance claims processes and deliver an exceptional customer experience. Based on Shift’s 75 percent accuracy rate in identifying potentially fraudulent claims - more than twice the current industry standard of 30 percent - HyreCar anticipates that deploying Force will significantly reduce fraudulent claims within six months.
HyreCar Inc. (HYRE), the carsharing marketplace for ridesharing, announced that key executives Mike Furnari (Chief Business Development Officer) and John Possumato (DriveItAway/HyreCar Commercial Solutions President), will be speaking about dealer opportunities in ridesharing and Mobility as a Service (MaaS) at upcoming automotive industry conferences.
HyreCar, Inc. (HYRE), the carsharing marketplace for ridesharing, today announced that it has formed a strategic partnership with TIKD, the leading liability management solutions provider to the shared mobility industry, pursuant to which they will launch a ticket management pilot program for HyreCar vehicle owners in California, Washington DC, Virginia and Maryland. Owners on the HyreCar platform will have a seamless interface with TIKD’s ticket management service as an added benefit of operating on the HyreCar platform.
HyreCar Inc. (HYRE), the carsharing marketplace for ridesharing, today announced that it will host a virtual roadshow webinar on October 24, 2018 at 11:30 a.m. Eastern time. Joe Furnari, HyreCar’s Chief Executive Officer, will be presenting an overview of the business model and growth initiatives. The webinar will be accompanied by a presentation and followed by a question and answer session, which can be accessed via the webcast link or dial-in numbers below.
HyreCar’s CEO, Joe Furnari, to Participate in Panel Titled “Peer-to-Peer & Ridehailing Providers: Understanding The New Fleet Entrepreneurs”
HyreCar, Inc. (HYRE), the carsharing marketplace for ridesharing, today announced its strategic joint venture with Dave Haley, CEO of American Business Insurance Services (ABI), and Peter Foley, CEO of LILCHA Holdings. “Peter and Dave have been with HyreCar from the beginning, and this announcement cements our relationship with two of the most well-respected industry veterans in the commercial auto insurance business,” says Joe Furnari, CEO of HyreCar. This joint venture allows the company flexibility to reduce insurance risk, increase profit margins and provide tailored insurance solutions to the on-demand economy.