Lyft Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $20.82 on 03/21/24, while the lowest price during the same period was $8.93 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 -17.05% away from its 52-week high, while its distance from the 52-week low is 93.50%. 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 2.54 million for the day, which was evidently lower than the average daily volume of 13.74 million over the last three months.
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Financial Performance and Market Capitalization
Lyft Inc (LYFT) has experienced a quarterly rise of 52.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.24B 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 13.13, with a change in price of +3.59. Similarly, Lyft Inc recorded 14,417,495 in trading volume during the last 100 days, posting a change of +26.52%.
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
The raw stochastic average for Lyft Inc over the last 50 days is presently at 72.48%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 65.87%. Further, the company’s Stochastic %K and %D values for the last 20 days were 69.00% and 70.37%, 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. Until today this year the stock’s price performance recorded an increase of 15.21%. However, over the last six months, the performance has been weaker by 9.30%. The price of LYFT increased 33.15% over the last 30 days. And in the last five days, it has surged by 2.86%.
