Investors Are Waking Up To Maplebear Inc. (NASDAQ: CART) After Rising 78.03% Over The Past 12 Months

Maplebear Inc. (NASDAQ:CART) currently has a daily average trading volume of 3.57M but it saw 1936714 shares traded in last market. With a market cap of 11.27B USD, the company’s current market price of $43.83 came falling about -0.34 while comparing to the previous closing price of $43.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $45.13 and as low as $22.13. In the recent trading on the day, stock has struck highest price mark of $43.23 while lowest mark touched by it was $44.6.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which initiated the stock as “Hold” in its note to investors issued on October 16, 2024, recommending a price target of $43 for it. Cantor Fitzgerald also issued its recommendations for the stock as it initiated the price target for the stock is $45.

Over the week, CART’s stock price is moving 4.38% up while it is 9.36% when we observe its performance for the past one month. Year-to-date it is 86.75% up and over the past year, the stock is showing an upside performance of 78.03%.

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 32.61 of forward P/E ratio. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 3.80 while price to sale or P/S ratio amounts to 3.51. Its return on asset (ROA) is -42.82% on average.