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In the latest session, Lyft Inc (NASDAQ: LYFT) closed at $11.34 down -0.09% from its previous closing price of $11.35. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 6.68 million shares were traded. LYFT stock price reached its highest trading level at $11.7 during the session, while it also had its lowest trading level at $11.22.
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 2.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.42. 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 July 22, 2024, Melius started tracking the stock assigning a Hold rating and target price of $15.
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 Aug 27 ’24 when Green Logan sold 10,323 shares for $11.62 per share. The transaction valued at 119,960 led to the insider holds 330,790 shares of the business.
Llewellyn Lindsay Catherine sold 8,486 shares of LYFT for $99,795 on Aug 27 ’24. The CHIEF LEGAL OFFICER, SECRETARY now owns 764,332 shares after completing the transaction at $11.76 per share. On Aug 29 ’24, another insider, Kristin Sverchek, who serves as the President of the company, bought 11,033 shares for $11.64 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 4651180544 and an Enterprise Value of 4114905600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 8.05. Its current Enterprise Value per Revenue stands at 0.808 whereas that against EBITDA is -68.853.
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 -5.84%, while the 200-Day Moving Average is calculated to be -21.75%.
Shares Statistics:
For the past three months, LYFT has traded an average of 15.52M shares per day and 10451110 over the past ten days. A total of 391.24M shares are outstanding, with a floating share count of 342.95M. Insiders hold about 15.00% of the company’s shares, while institutions hold 79.26% stake in the company. Shares short for LYFT as of 1723680000 were 51052055 with a Short Ratio of 3.29, compared to 1721001600 on 47175224. Therefore, it implies a Short% of Shares Outstanding of 51052055 and a Short% of Float of 14.97.
