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In the latest session, Lyft Inc (NASDAQ: LYFT) closed at $12.51 down -0.48% from its previous closing price of $12.57. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 8.92 million shares were traded. LYFT stock price reached its highest trading level at $12.636 during the session, while it also had its lowest trading level at $12.29.
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 2.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.93. 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:
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 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 5151555584 and an Enterprise Value of 4590688256. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 8.88. Its current Enterprise Value per Revenue stands at 0.901 whereas that against EBITDA is -76.814.
Stock Price History:
The Beta on a monthly basis for LYFT is 2.05, which has changed by 0.12432921 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. 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 7.83%, while the 200-Day Moving Average is calculated to be -13.57%.
Shares Statistics:
For the past three months, LYFT has traded an average of 13.97M shares per day and 9131680 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 77.97% stake in the company. Shares short for LYFT as of 1726185600 were 48352934 with a Short Ratio of 3.46, compared to 1723680000 on 51052055. Therefore, it implies a Short% of Shares Outstanding of 48352934 and a Short% of Float of 14.180000000000001.
