The market performance of Lyft Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $20.82 on 03/21/24, with the lowest value for the same timeframe being $8.93, recorded on 08/07/24.
52-week price history of LYFT Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Lyft Inc’s current trading price is -19.36% away from its 52-week high, while its distance from the 52-week low is 88.12%. The stock’s price range during this period has fluctuated between $8.93 and $20.82. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 12.33 million for the day, which was evidently lower than the average daily volume of 13.44 million over the last three months.
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Financial Performance and Market Capitalization
Lyft Inc (LYFT) has experienced a quarterly rise of 42.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.18B and boasts a workforce of 2945 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.93, with a change in price of +3.40. Similarly, Lyft Inc recorded 14,566,573 in trading volume during the last 100 days, posting a change of +25.39%.
LYFT Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for LYFT stands at 1.89. Similarly, the long-term debt-to-equity ratio is also 1.13.
LYFT Stock Stochastic Average
Lyft Inc’s raw stochastic average for the past 50 days is currently at 70.63%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 63.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 60.48% and 61.50%, respectively.
LYFT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 12.01% this year. Over the last six months, there has been a weaker performance of 7.35%. The price of LYFT fallen by 21.84% during the last 30 days period. For the last 5-days stocks have slided -7.34%.
