Lyft Inc (NASDAQ: LYFT) kicked off on Friday, down -3.89% from the previous trading day, before settling in for the closing price of $19.52. Over the past 52 weeks, LYFT has traded in a range of $7.85-$20.82.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 20.78% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -7.54%. With a float of $339.29 million, this company’s outstanding shares have now reached $391.24 million.
In an organization with 2945 employees, it is important to assess its efficiency.
Lyft Inc (LYFT) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Lyft Inc is 15.14%, while institutional ownership is 75.14%. The most recent insider transaction that took place on Apr 01 ’24, was worth 196,661. In this transaction PRESIDENT of this company sold 10,200 shares at a rate of $19.28, taking the stock ownership to the 70,778 shares. Before that another transaction happened on Mar 21 ’24, when Company’s Director sold 193,200 for $20.04, making the entire transaction worth $3,872,404. This insider now owns 932,544 shares in total.
Lyft Inc (LYFT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -7.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.20% during the next five years compared to 22.39% growth over the previous five years of trading.
Lyft Inc (NASDAQ: LYFT) Trading Performance Indicators
Take a look at Lyft Inc’s (LYFT) current performance indicators. Last quarter, stock had a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.90, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.85 in one year’s time.
Technical Analysis of Lyft Inc (LYFT)
Let’s dig in a bit further. During the last 5-days, its volume was 10.63 million. That was inferior than the volume of 17.18 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.38%. Additionally, its Average True Range was 0.95.
During the past 100 days, Lyft Inc’s (LYFT) raw stochastic average was set at 81.08%, which indicates a significant increase from 48.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.81% in the past 14 days, which was lower than the 76.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.97, while its 200-day Moving Average is $12.93. However, in the short run, Lyft Inc’s stock first resistance to watch stands at $19.27. Second resistance stands at $19.78. The third major resistance level sits at $20.10. If the price goes on to break the first support level at $18.44, it is likely to go to the next support level at $18.13. Assuming the price breaks the second support level, the third support level stands at $17.62.
Lyft Inc (NASDAQ: LYFT) Key Stats
The company with the Market Capitalisation of 7.50 billion has total of 399,807K Shares Outstanding. Its annual sales at the moment are 4,404 M in contrast with the sum of -340,320 K annual income. Company’s last quarter sales were recorded 1,225 M and last quarter income was -26,310 K.
