For the readers interested in the stock health of Lyft Inc. (LYFT). It is currently valued at $64.24. When the transactions were called off in the previous session, Stock hit the highs of $65.35, after setting-off with the price of $64.53. Company’s stock value dipped to $64.12 during the trading on the day. When the trading was stopped its value was $64.47.
Recently in News on March 16, 2021, Hilton, and Delta Air Lines Partner with Lyft’s Vaccine Access Campaign to Promote Funding Vaccine Rides for Those in Need. Lyft loyalty program partners to help provide transportation access to and from vaccination sites for low-income, uninsured, and at-risk communities. You can read further details here
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Lyft Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $68.28 on 03/18/21, with the lowest value was $42.94 for the same time period, recorded on 01/27/21.
Lyft Inc. (LYFT) full year performance was 192.00%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Lyft Inc. shares are logging -5.92% during the 52-week period from high price, and 201.03% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $21.34 and $68.28.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 3720908 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Lyft Inc. (LYFT) recorded performance in the market was 30.76%, having the revenues showcasing 35.87% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 20.65B, as it employees total of 4675 workers.
Analysts verdict on Lyft Inc. (LYFT)
During the last month, 24 analysts gave the Lyft Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 3 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 51.88, with a change in the price was noted +26.55. In a similar fashion, Lyft Inc. posted a movement of +70.44% for the period of last 100 days, recording 7,614,897 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LYFT is recording 0.42 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.39.
Lyft Inc. (LYFT): Technical Analysis
Raw Stochastic average of Lyft Inc. in the period of last 50 days is set at 84.06%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 53.78%. In the last 20 days, the company’s Stochastic %K was 56.18% and its Stochastic %D was recorded 55.63%.
Let’s take a glance in the erstwhile performances of Lyft Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 30.76%. Additionally, trading for the stock in the period of the last six months notably improved by 132.50%, alongside a boost of 192.00% for the period of the last 12 months. The shares increased approximately by 0.97% in the 7-day charts and went up by 0.19% in the period of the last 30 days. Common stock shares were driven by 35.87% during last recorded quarter.