Maplebear Inc. (NASDAQ: CART): Retirees Don’t Worry About Volatility

Maplebear Inc. (NASDAQ:CART) currently has a daily average trading volume of 3.62M but it saw 2524913 shares traded in last market. With a market cap of 10.99B USD, the company’s current market price of $42.74 came falling about -2.84 while comparing to the previous closing price of $43.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $45.01 and as low as $22.13. In the recent trading on the day, stock has struck highest price mark of $42.26 while lowest mark touched by it was $43.84.

Taking a look at 20-day trading activity of Maplebear Inc. (CART) gives us an average price of $40.47, while its current price level is -5.04% below from 52-week high level whereas it is 93.13% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $36.44 while that of 200 days or SMA-200 reads an average of $33.14. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.27% during that period while stretching the period over a month that decreases to 3.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.58 which implies that the stock is in neutral territory.

Over the week, CART’s stock price is moving 8.09% up while it is 21.01% when we observe its performance for the past one month. Year-to-date it is 82.10% up and over the past year, the stock is showing an upside performance of 58.77%.

Currently, Maplebear Inc.’s total number of outstanding shares is 279.05M. Company’s return on investment (ROI) stands at -51.79% and return on equity (ROE) at -53.67%. It has a 32.17 of forward P/E ratio. Stock’s beta reads 1.25. Stock has a price to book (P/B) ratio of 3.71 while price to sale or P/S ratio amounts to 3.42. Its return on asset (ROA) is -42.82% on average.