The stock of Lyft Inc (NASDAQ:LYFT) last traded at $12.72, down -2.53% from the previous session.
LYFT stock price is now -7.60% away from the 50-day moving average and -7.88% away from the 200-day moving average. The market capitalization of the company currently stands at $5.32B.
With the price target maintained at $20, The Benchmark Company recently Upgraded its rating from Hold to Buy for Lyft Inc (NASDAQ: LYFT). , while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, JILL BEGGS, Director bought 3,144 shares of the company’s stock on Feb 21 ’25. The stock was bought for $42,318 at an average price of $13.46. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, CHIEF LEGAL OFFICER, SECRETARY Llewellyn Lindsay Catherine sold 24,550 shares of the business’s stock. A total of $421,487 was realized by selling the stock at an average price of $17.17. This leaves the insider owning 707,267 shares of the company worth $9.0 million. A total of 9.59% of the company’s stock is owned by insiders.
During the past 12 months, Lyft Inc has had a low of $8.93 and a high of $20.82. As of last week, the company has a debt-to-equity ratio of 1.64, a current ratio of 0.76, and a quick ratio of 0.76.
The net profit margin was 0.39% and return on equity was 3.48% for LYFT. The company reported revenue of $1.55 billion for the quarter, compared to $1.22 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 26.6 percent.
