Shares of Shift Technologies Inc. (NASDAQ:SFT) traded at a new 52-week low today of $6.36. So far today approximately 355,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
In the past 52 weeks, Shift Technologies Inc. share prices are bracketed by a current low of $6.36 and a high of $14.91 and is now at $6.37.
Shift Technologies Inc is an end-to-end auto e-commerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. The company makes car purchase and ownership simple – making buying or selling a used car fun, fair, and accessible to everyone. It provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive brought to you before buying the car, a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. It operates in two segments: Retail and Wholesale, of which the majority of its revenue comes from Retail.
Shift Technologies Inc. (NASDAQ:SFT) has potential upside of 22.5% based on a current price of $6.37 and analysts’ consensus price target of $7.80.
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