The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Lyft Inc (NASDAQ: LYFT) closed at $16.79 up 3.07% from its previous closing price of $16.29. In other words, the price has increased by $3.07 from its previous closing price. On the day, 12.33 million shares were traded. LYFT stock price reached its highest trading level at $16.865 during the session, while it also had its lowest trading level at $16.3.
Ratios:
For a deeper understanding of Lyft Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 1.89 whereas as Long-Term Debt/Eq ratio is at 1.13.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $13.Cantor Fitzgerald initiated its Neutral rating on September 05, 2024, with a $13 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 12 ’24 when Risher John David bought 13,790 shares for $18.15 per share. The transaction valued at 250,272 led to the insider holds 12,112,796 shares of the business.
Llewellyn Lindsay Catherine sold 4,242 shares of LYFT for $75,338 on Nov 07 ’24. The CHIEF LEGAL OFFICER, SECRETARY now owns 755,847 shares after completing the transaction at $17.76 per share. On Nov 07 ’24, another insider, BLACKWOOD-KAPRAL LISA, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 9,081 shares for $18.02 each. As a result, the insider received 163,661 and left with 332,243 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LYFT now has a Market Capitalization of 6964777472 and an Enterprise Value of 6279685632. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 10.62. Its current Enterprise Value per Revenue stands at 1.15 whereas that against EBITDA is -490.486.
Stock Price History:
Over the past 52 weeks, LYFT has reached a high of $20.82, while it has fallen to a 52-week low of $8.93. The 50-Day Moving Average of the stock is 18.46%, while the 200-Day Moving Average is calculated to be 14.06%.
Shares Statistics:
For the past three months, LYFT has traded an average of 13.44M shares per day and 15484500 over the past ten days. A total of 391.24M shares are outstanding, with a floating share count of 353.72M. Insiders hold about 14.73% of the company’s shares, while institutions hold 77.64% stake in the company. Shares short for LYFT as of 1730332800 were 46142848 with a Short Ratio of 3.43, compared to 1727654400 on 50369633. Therefore, it implies a Short% of Shares Outstanding of 46142848 and a Short% of Float of 13.350001.
