In yesterday’s Wall Street session, Lyft Inc (NASDAQ:LYFT) shares traded at $18.59, up 4.56% from the previous session.
LYFT stock price is now 41.96% away from the 50-day moving average and 28.07% away from the 200-day moving average. The market capitalization of the company currently stands at $7.66B.
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, while ‘Cantor Fitzgerald’ rates the stock as ‘Neutral’
In other news, Lisa Blackwood-Kapral, Affiliate bought 9,081 shares of the company’s stock on Nov 07 ’24. The stock was bought for $130,766 at an average price of $14.40. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’24, Officer Llewellyn Lindsay Catherine bought 4,242 shares of the business’s stock. A total of $75,338 was incurred on buying the stock at an average price of $17.76. A total of 14.76% of the company’s stock is owned by insiders.
During the past 12 months, Lyft Inc has had a low of $8.93 and a high of $20.82. As of last week, the company has a debt-to-equity ratio of 1.89, a current ratio of 0.75, and a quick ratio of 0.75. The fifty day moving average price for LYFT is $12.9568 and a two-hundred day moving average price translates $14.4855 for the stock.
The latest earnings results from Lyft Inc (NASDAQ: LYFT) was released for 2024-09-30. The net profit margin was -1.20% and return on equity was -11.61% for LYFT. The company reported revenue of $1.52 billion for the quarter, compared to $1.16 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.54 percent.
