Stocks of Lyft Inc (NASDAQ:LYFT) traded higher last session on Wall Street, down -7.49% to $11.48.
LYFT stock price is now -14.36% away from the 50-day moving average and -15.50% away from the 200-day moving average. The market capitalization of the company currently stands at $4.80B.
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, Green Logan, Director sold 11,411 shares of the company’s stock on Feb 27 ’25. The stock was sold for $152,243 at an average price of $13.34. Upon completion of the transaction, the Director now directly owns 297,640 shares in the company, valued at $3.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 27 ’25, Director Beggs Jill sold 1,572 shares of the business’s stock. A total of $20,977 was realized by selling the stock at an average price of $13.34. This leaves the insider owning 22,039 shares of the company worth $0.25 million. A total of 9.57% 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.
