Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify 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
As of close of business last night, Lyft Inc’s stock clocked out at $18.34, down -1.34% from its previous closing price of $18.59. In other words, the price has decreased by -$1.34 from its previous closing price. On the day, 13.49 million shares were traded. LYFT stock price reached its highest trading level at $18.57 during the session, while it also had its lowest trading level at $18.045.
Ratios:
To gain a deeper understanding of LYFT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.73. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 07 ’24 when Llewellyn Lindsay Catherine sold 4,242 shares for $17.76 per share. The transaction valued at 75,338 led to the insider holds 755,847 shares of the business.
BLACKWOOD-KAPRAL LISA sold 9,081 shares of LYFT for $163,661 on Nov 07 ’24. The CHIEF ACCOUNTING OFFICER now owns 332,243 shares after completing the transaction at $18.02 per share. On Nov 07 ’24, another insider, Lisa Blackwood-Kapral, who serves as the Affiliate of the company, bought 9,081 shares for $14.40 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 7607743488 and an Enterprise Value of 6922652160. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 11.60. Its current Enterprise Value per Revenue stands at 1.268 whereas that against EBITDA is -540.705.
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 38.57%, while the 200-Day Moving Average is calculated to be 26.12%.
Shares Statistics:
It appears that LYFT traded 13.39M shares on average per day over the past three months and 22707350 shares per day over the past ten days. A total of 391.24M shares are outstanding, with a floating share count of 349.62M. Insiders hold about 14.76% of the company’s shares, while institutions hold 78.29% stake in the company. Shares short for LYFT as of 1728950400 were 47436067 with a Short Ratio of 3.45, compared to 1726185600 on 48352934. Therefore, it implies a Short% of Shares Outstanding of 47436067 and a Short% of Float of 13.91.