Lyft Inc (NASDAQ:LYFT) currently has a daily average trading volume of 17.57M but it saw 12875463 shares traded in last market. With a market cap of 6.92B USD, the company’s current market price of $17.31 came falling about -5.25 while comparing to the previous closing price of $18.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.82 and as low as $7.85.
Taking a look at 20-day trading activity of Lyft Inc (LYFT) gives us an average price of $18.78, while its current price level is -16.86% below from 52-week high level whereas it is 120.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $17.27 while that of 200 days or SMA-200 reads an average of $13.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.30% during that period while stretching the period over a month that decreases to 5.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.38 which implies that the stock is in neutral territory.
RBC Capital Mkts upgraded its recommendation for the stock as a “Outperform” from “Sector Perform” on March 04, 2024 while assigning a price target range of $17-$23.
Over the week, LYFT’s stock price is moving -5.92% down while it is -3.57% when we observe its performance for the past one month. Year-to-date it is 15.48% up and over the past year, the stock is showing an upside performance of 65.65%.
Currently, Lyft Inc’s total number of outstanding shares is 391.24M. Company’s return on investment (ROI) stands at -21.59% and return on equity (ROE) at -73.17%. It has a 20.86 of forward P/E ratio. Stock’s beta reads 2.01. Stock has a price to book (P/B) ratio of 12.78 while price to sale or P/S ratio amounts to 1.57. Its return on asset (ROA) is -7.46% on average.
