Stocks of Lyft Inc (NASDAQ:LYFT) traded higher last session on Wall Street, up 6.55% to $17.89.
LYFT stock price is now 25.13% away from the 50-day moving average and 21.33% away from the 200-day moving average. The market capitalization of the company currently stands at $7.65B.
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, while ‘Cantor Fitzgerald’ rates the stock as ‘Neutral’
In other news, JOHN ZIMMER, Director bought 2,424 shares of the company’s stock on Nov 25 ’24. The stock was bought for $40,699 at an average price of $16.79. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 12 ’24, Chief Executive Officer Risher John David bought 13,790 shares of the business’s stock. A total of $250,272 was incurred on buying the stock at an average price of $18.15. This leaves the insider owning 12,112,796 shares of the company worth $216.7 million. A total of 14.73% 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 $14.173 and a two-hundred day moving average price translates $14.72015 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.
