In terms of market performance, Lyft Inc had a fairly even. The highest value for the stock in the past year was $20.82 on 03/21/24, and the lowest value was recorded at $7.85 on 05/24/23.
52-week price history of LYFT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Lyft Inc’s current trading price is -17.39% away from its 52-week high, while its distance from the 52-week low is 119.11%. The stock’s price range during this period has spanned from $7.85 to $20.82. In the Technology sector, the Lyft Inc’s shares surpassed a trading volume of approximately 15.96 million for the day, which was noticeably lower compared to the average daily volume of 9.18.43 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Lyft Inc (LYFT) has experienced a quarterly rise of 34.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.93B 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 15.82, with a change in price of +3.99. Similarly, Lyft Inc recorded 16,289,508 in trading volume during the last 100 days, posting a change of +30.20%.
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
Today’s raw stochastic average for Lyft Inc over the last 50 days is 33.33%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 42.26%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 28.34% and 17.09%, respectively.
LYFT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 14.74% this year. Over the last six months, there has been a weaker performance of 87.57%. The price of LYFT leaped by -1.26% during the last 30 days period. For the last 5-days stocks have improved 5.07%.
