On Friday, Lyft Inc (NASDAQ: LYFT) was 5.30% up from the session before settling in for the closing price of $13.39. A 52-week range for LYFT has been $8.85 – $20.82.
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Annual sales at Technology sector company grew by 20.78% over the past five years. When this article was written, the company’s average yearly earnings per share was at -15.42%. With a float of $344.48 million, this company’s outstanding shares have now reached $391.24 million.
Let’s look at the performance matrix of the company that is accounted for 2945 employees.
Lyft Inc (LYFT) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lyft Inc stocks. The insider ownership of Lyft Inc is 14.62%, while institutional ownership is 79.79%. The most recent insider transaction that took place on Jun 03 ’24, was worth 102,485. In this transaction PRESIDENT of this company sold 6,500 shares at a rate of $15.77, taking the stock ownership to the 54,278 shares. Before that another transaction happened on May 29 ’24, when Company’s Director sold 10,475 for $15.75, making the entire transaction worth $164,972. This insider now owns 329,202 shares in total.
Lyft Inc (LYFT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -15.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.00% during the next five years compared to 22.39% growth over the previous five years of trading.
Lyft Inc (NASDAQ: LYFT) Trading Performance Indicators
You can see what Lyft Inc (LYFT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.82 in one year’s time.
Technical Analysis of Lyft Inc (LYFT)
Lyft Inc (NASDAQ: LYFT) saw its 5-day average volume 11.47 million, a negative change from its year-to-date volume of 15.68 million. As of the previous 9 days, the stock’s Stochastic %D was 34.52%. Additionally, its Average True Range was 0.66.
During the past 100 days, Lyft Inc’s (LYFT) raw stochastic average was set at 26.40%, which indicates a significant decrease from 32.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.13% in the past 14 days, which was lower than the 74.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.70, while its 200-day Moving Average is $14.15. Nevertheless, the first resistance level for the watch stands at $14.40 in the near term. At $14.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.20. If the price goes on to break the first support level at $13.60, it is likely to go to the next support level at $13.11. The third support level lies at $12.80 if the price breaches the second support level.
Lyft Inc (NASDAQ: LYFT) Key Stats
There are 403,484K outstanding shares of the company, which has a market capitalization of 5.69 billion. As of now, sales total 4,404 M while income totals -340,320 K. Its latest quarter income was 1,277 M while its last quarter net income were -31,540 K.
