Shift Technologies, Inc. (NASDAQ:SFT – Get Free Report)’s stock price rose 2.5% during trading on Monday . The company traded as high as $1.23 and last traded at $1.23. Approximately 210,500 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 295,178 shares. The stock had previously closed at $1.20.
Shift Technologies Stock Performance
The firm has a market cap of $20.81 million, a P/E ratio of -0.10 and a beta of 1.77. The business’s 50-day simple moving average is $1.79 and its 200 day simple moving average is $1.52.
Shift Technologies (NASDAQ:SFT – Get Free Report) last issued its quarterly earnings results on Thursday, August 10th. The company reported ($1.44) earnings per share for the quarter, topping the consensus estimate of ($1.85) by $0.41. The business had revenue of $47.26 million for the quarter, compared to analysts’ expectations of $59.07 million. As a group, equities research analysts expect that Shift Technologies, Inc. will post -3.58 EPS for the current year.
Institutional Inflows and Outflows
Shift Technologies Company Profile
Shift Technologies, Inc, together with its subsidiaries, provides an ecommerce platform for buying and selling used cars in the United States. The company operates in two segments, Retail and Wholesale. It engages in the retail sale of used vehicles through its platform; and provides financing and vehicle protection products.
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