Lyft Inc (NASDAQ: LYFT) Now $8.85 Higher From Its Low (2.49), Does It Still Have A Growth Story?

Lyft Inc (NASDAQ:LYFT) currently has a daily average trading volume of 15.52M but it saw 6676822 shares traded in last market. With a market cap of 4.58B USD, the company’s current market price of $11.34 came falling about -0.09 while comparing to the previous closing price of $11.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.82 and as low as $8.85. In the recent trading on the day, stock has struck highest price mark of $11.22 while lowest mark touched by it was $11.7.

Taking a look at 20-day trading activity of Lyft Inc (LYFT) gives us an average price of $10.96, while its current price level is -45.53% below from 52-week high level whereas it is 28.14% 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 $12.00 while that of 200 days or SMA-200 reads an average of $14.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.65% during that period while stretching the period over a month that increases to 4.96%. 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 47.75 which implies that the stock is in neutral territory.

Over the week, LYFT’s stock price is moving -2.41% down while it is 7.28% when we observe its performance for the past one month. Year-to-date it is -24.35% down and over the past year, the stock is showing a downside performance of -8.10%.

Currently, Lyft Inc’s total number of outstanding shares is 391.24M. Company’s return on investment (ROI) stands at -4.87% and return on equity (ROE) at -13.46%. It has a 12.21 of forward P/E ratio. Stock’s beta reads 2.04. Stock has a price to book (P/B) ratio of 8.05 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is -1.38% on average.