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The closing price of Lyft Inc (NASDAQ: LYFT) was $13.33 for the day, up 4.80% from the previous closing price of $12.72. In other words, the price has increased by $4.80 from its previous closing price. On the day, 14.21 million shares were traded. LYFT stock price reached its highest trading level at $13.39 during the session, while it also had its lowest trading level at $12.94.
Ratios:
Our analysis of LYFT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.84. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 2.18 whereas as Long-Term Debt/Eq ratio is at 1.31.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $13.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 16 ’24 when Zimmer John Patrick sold 2,424 shares for $11.32 per share. The transaction valued at 27,440 led to the insider holds 929,638 shares of the business.
Llewellyn Lindsay Catherine sold 4,243 shares of LYFT for $50,916 on Sep 12 ’24. The CHIEF LEGAL OFFICER, SECRETARY now owns 760,089 shares after completing the transaction at $12.00 per share. On Sep 16 ’24, another insider, JOHN ZIMMER, who serves as the Director of the company, bought 2,424 shares for $11.35 each.
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 5467392512 and an Enterprise Value of 4927016960. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 9.47. Its current Enterprise Value per Revenue stands at 0.967 whereas that against EBITDA is -82.441.
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 $8.85. The 50-Day Moving Average of the stock is 15.27%, while the 200-Day Moving Average is calculated to be -8.28%.
Shares Statistics:
LYFT traded an average of 14.34M shares per day over the past three months and 13930610 shares per day over the past ten days. A total of 391.24M shares are outstanding, with a floating share count of 348.75M. Insiders hold about 14.97% of the company’s shares, while institutions hold 78.00% stake in the company. Shares short for LYFT as of 1724976000 were 46748774 with a Short Ratio of 3.26, compared to 1722384000 on 47611641. Therefore, it implies a Short% of Shares Outstanding of 46748774 and a Short% of Float of 13.71.
