Witnessing the stock’s movement on the chart, on Wednesday, Lyft Inc (NASDAQ: LYFT) had a quiet start as it plunged -1.73% to $13.67, before settling in for the price of $13.91 at the close. Taking a more long-term approach, LYFT posted a 52-week range of $8.85-$20.82.
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The Technology sector firm’s twelve-monthly sales growth has been 20.78% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 22.39%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 17.38%. This publicly-traded company’s shares outstanding now amounts to $391.24 million, simultaneously with a float of $349.62 million. The organization now has a market capitalization sitting at $5.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.51, while the 200-day Moving Average is $14.41.
Lyft Inc (LYFT) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. Lyft Inc’s current insider ownership accounts for 14.76%, in contrast to 77.91% institutional ownership. According to the most recent insider trade that took place on Sep 16 ’24, this organization’s Director sold 2,424 shares at the rate of 11.32, making the entire transaction reach 27,440 in total value, affecting insider ownership by 929,638. Preceding that transaction, on Sep 12 ’24, Company’s CHIEF LEGAL OFFICER, SECRETARY sold 4,243 for 12.00, making the whole transaction’s value amount to 50,916. This particular insider is now the holder of 760,089 in total.
Lyft Inc (LYFT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
Lyft Inc’s EPS increase for this current 12-month fiscal period is 17.38% and is forecasted to reach 0.98 in the upcoming year.
Lyft Inc (NASDAQ: LYFT) Trading Performance Indicators
Let’s observe the current performance indicators for Lyft Inc (LYFT). It’s Quick Ratio in the last reported quarter now stands at 0.74. The Stock has managed to achieve an average true range (ATR) of 0.50. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.10. Similarly, its price to free cash flow for trailing twelve months is now 15.22.
In the same vein, LYFT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.16, a figure that is expected to reach 0.20 in the next quarter, and analysts are predicting that it will be 0.98 at the market close of one year from today.
Technical Analysis of Lyft Inc (LYFT)
Going through the that latest performance of [Lyft Inc, LYFT]. Its last 5-days volume of 11.38 million was inferior to the volume of 14.74 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 63.04% While, its Average True Range was 0.49.
Raw Stochastic average of Lyft Inc (LYFT) in the period of the previous 100 days is set at 67.45%, which indicates a major rise in contrast to 61.94% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 46.76% that was lower than 55.70% volatility it exhibited in the past 100-days period.
