Offering A Liquidity Story – Lyft, Inc. (LYFT)

    Makavy Ran I., EVP and Chief Product Officer, subtracted 15,000 shares of Lyft, Inc. (LYFT) from its portfolio at the rate of $49.17 per share valuing $737,574 on Nov 26. The insider left behind 632,154 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $48.02, with a 2nd Resistance Point sitting at $48.53. Meanwhile, this company’s stock has a 1st Support Level at $46.54 and a 2nd Support Level at $45.57. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Lyft, Inc. (LYFT) was $47.51. Lyft, Inc. (LYFT) stock has lost -$1.43, or -3.04%, in the past five days. In the last full month, these shares have gained $4.53, or 10.54%. In the past three months, this stock’s price has risen by $2.09, or 4.60%. This year-to-date, Lyft, Inc. (LYFT) shares have lost -$30.78, or -39.32%.

    With 297,695 K shares outstanding, this company currently has a market capitalization of $14,107,766K. Lyft, Inc. (LYFT) generates $2,157 M in annual sales, amounting to annual net income of -$911,340 K. This stock has generated a 1-Year Total Return of -39.32%, a 3-Year Total Return of 0.00%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

    In the most recently-reported fiscal quarter, which ended in 09/19, Lyft, Inc. (LYFT) reported earnings of -$1.07 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$1.59 per share, representing a 0.52 difference and 32.70% surprise. In the previous quarter ending in 06/19, the reported earnings of -$1.49 represented a 0.17 difference from the consensus estimate calling for -$1.66 per share, which was a 10.24% surprise.

    For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is -$1.31 per share. This estimate came from a total of 5 Wall Street Analysts. Of those market experts, the high estimate was -$1.27 and the low estimate was -$1.35.

    Turning our focus now to insider trading activity, there have been 1 purchases (44,657 shares in total) and 20 sale (257,409 shares in total) in the last 3 months. In the last 6 months, there have been 10 insider buys amounting to 427,291 shares and 33 insider sales amounting to 2,310,179 shares. In the past full year, 44 insider purchases were made (involving 189,682,839 shares) and 65 insider sell-offs equivalent to 100,976,122 shares.

    Moving onto liquidity, Lyft, Inc. (LYFT) has a Current Ratio of 1.60, a Quick Ratio of 1.60 and a Cash Ratio of 1.41.