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Is There a Dimmer Outlook Ahead for Lyft Inc. (LYFT)?

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Lyft Inc. (NASDAQ:LYFT) went up by 2.39% from its latest closing price compared to the recent 1-year high of $68.28. The company’s stock price has collected -1.03% of loss in the last five trading sessions. Press Release reported 13 hours ago that T-Mobile Acquires Rideshare Advertising Network, Octopus Interactive

Is It Worth Investing in Lyft Inc. (NASDAQ :LYFT) Right Now?

LYFT currently public float of 290.44M and currently shorts hold a 7.90% ratio of that float. Today, the average trading volume of LYFT was 6.00M shares.


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LYFT’s Market Performance

LYFT stocks went down by -1.03% for the week, with a monthly jump of 8.27% and a quarterly performance of -16.42%, while its annual performance rate touched -8.77%. The volatility ratio for the week stands at 5.37% while the volatility levels for the past 30 days are set at 5.02% for Lyft Inc.. The simple moving average for the period of the last 20 days is 5.85% for LYFT stocks with a simple moving average of -15.83% for the last 200 days.

Analysts’ Opinion of LYFT

Many brokerage firms have already submitted their reports for LYFT stocks, with Jefferies repeating the rating for LYFT by listing it as a “Hold.” The predicted price for LYFT in the upcoming period, according to Jefferies is $50 based on the research report published on January 07th of the current year 2022.

JP Morgan, on the other hand, stated in their research note that they expect to see LYFT reach a price target of $67, previously predicting the price at $72. The rating they have provided for LYFT stocks is “Overweight” according to the report published on December 15th, 2021.

UBS gave a rating of “Buy” to LYFT, setting the target price at $60 in the report published on December 02nd of the previous year.

LYFT Trading at -1.38% from the 50-Day Moving Average

After a stumble in the market that brought LYFT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.37% of loss for the given period.

Volatility was left at 5.02%, however, over the last 30 days, the volatility rate increased by 5.37%, as shares surge +11.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.95% lower at present.

During the last 5 trading sessions, LYFT fell by -1.03%, which changed the moving average for the period of 200-days by -31.59% in comparison to the 20-day moving average, which settled at $41.92. In addition, Lyft Inc. saw 3.28% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LYFT starting from Sverchek Kristin, who sale 4,000 shares at the price of $45.06 back on Jan 04. After this action, Sverchek Kristin now owns 50,050 shares of Lyft Inc., valued at $180,227 using the latest closing price.

Sverchek Kristin, the President of Business Affairs of Lyft Inc., sale 8,857 shares at $45.06 during a trade that took place back on Jan 04, which means that Sverchek Kristin is holding 253,272 shares at $399,067 based on the most recent closing price.

Stock Fundamentals for LYFT

Equity return is now at value -81.50, with -26.00 for asset returns.

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