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Lyft Inc (NASDAQ: LYFT) closed the day trading at $16.57 down -4.22% from the previous closing price of $17.30. In other words, the price has decreased by -$4.22 from its previous closing price. On the day, 18.98 million shares were traded. LYFT stock price reached its highest trading level at $17.0 during the session, while it also had its lowest trading level at $16.47.
Ratios:
For a better understanding of LYFT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.72. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 6873517568 and an Enterprise Value of 6188426240. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 10.48. Its current Enterprise Value per Revenue stands at 1.133 whereas that against EBITDA is -483.358.
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 19.43%, while the 200-Day Moving Average is calculated to be 13.00%.
Shares Statistics:
Over the past 3-months, LYFT traded about 13.45M shares per day on average, while over the past 10 days, LYFT traded about 25037540 shares per day. 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 77.66% 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.
