Lyft Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $20.82 on 03/21/24 and the lowest value was $7.85 on 05/24/23.
52-week price history of LYFT Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Lyft Inc’s current trading price is -22.43% away from its 52-week high, while its distance from the 52-week low is 105.73%. The stock’s price range during the 52-week period has remained between $7.85 and $20.82. In the Technology sector, the company’s shares saw a trading volume of around 13.27 million for the day, which was evidently lower than the average daily volume of 17.68 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Lyft Inc (LYFT) has experienced a quarterly rise of 27.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.46B and boasts a workforce of 2945 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.39, with a change in price of +5.88. Similarly, Lyft Inc recorded 17,049,137 in trading volume during the last 100 days, posting a change of +57.25%.
Examining LYFT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LYFT stands at 2.08. Similarly, the long-term debt-to-equity ratio is also 1.91.
LYFT Stock Stochastic Average
As of today, Lyft Inc’s raw stochastic average for the last 50 days stands at 48.85%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 2.06%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 1.84% and 10.06%, respectively.
LYFT Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 7.74% this year. Over the last six months, there has been a weaker performance of 56.64%. The price of LYFT leaped by -15.89% during the last 30 days period. For the last 5-days stocks have slided -13.91%.
