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Lyft Inc (NASDAQ: LYFT) closed the day trading at $12.90 down -1.15% from the previous closing price of $13.05. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 10.87 million shares were traded. LYFT stock price reached its highest trading level at $13.24 during the session, while it also had its lowest trading level at $12.85.
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 2.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.25. 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 Dec 02 ’24 when Llewellyn Lindsay Catherine sold 24,550 shares for $17.17 per share. The transaction valued at 421,487 led to the insider holds 707,267 shares of the business.
Green Logan sold 10,919 shares of LYFT for $188,313 on Nov 27 ’24. The Director now owns 314,492 shares after completing the transaction at $17.25 per share. On Dec 02 ’24, another insider, Llewellyn Lindsay Catherine, who serves as the Officer of the company, bought 24,550 shares for $17.17 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 5351138816 and an Enterprise Value of 4666048512. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 8.16. Its current Enterprise Value per Revenue stands at 0.855 whereas that against EBITDA is -364.45.
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 -15.98%, while the 200-Day Moving Average is calculated to be -11.34%.
Shares Statistics:
Over the past 3-months, LYFT traded about 14.35M shares per day on average, while over the past 10 days, LYFT traded about 12026400 shares per day. A total of 406.28M shares are outstanding, with a floating share count of 355.11M. Insiders hold about 14.39% of the company’s shares, while institutions hold 80.25% stake in the company. Shares short for LYFT as of 1734048000 were 52136852 with a Short Ratio of 3.63, compared to 1731628800 on 50474834. Therefore, it implies a Short% of Shares Outstanding of 52136852 and a Short% of Float of 15.079999999999998.
