Shares of Dropcar Inc (NASDAQ:DCAR) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.85 and traded as low as $0.62. Dropcar shares last traded at $0.66, with a volume of 1,420 shares.
Separately, ValuEngine downgraded Dropcar from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd.
The stock’s fifty day moving average price is $0.61 and its 200 day moving average price is $0.85.
DropCar, Inc provides app-based automotive logistics and mobility services for consumers and the automotive industry. The company offers Vehicle Support Platform, a cloud-based platform and mobile app that help consumers and automotive-related companies in reducing the cost, hassles, and inefficiencies of owning a car or fleet of cars in urban centers.
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