(VIANEWS) – Shares of Lyft (NASDAQ: LYFT) dropped by a staggering 34.65% in 21 sessions from $16.27 at 2023-01-31, to $10.63 at 14:44 EST on Thursday, following the last session’s upward trend. NASDAQ is rising 0.1% to $11,518.75, following the last session’s upward trend.
Lyft’s last close was $10.75, 74.02% below its 52-week high of $41.38.
About Lyft
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for drivers; Lyft Rentals that provides vehicles for long-distance trips; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. The company also integrates third-party public transit data into the Lyft app to offer riders various transportation options. In addition, it offers access to autonomous vehicles; centralized tools and enterprise transportation solutions, such as concierge transportation solutions for organizations; Lyft Pink subscription plans; Lyft Pass commuter programs; first-mile and last-mile services; and university safe rides programs. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Lyft has a trailing twelve months EPS of $-5.61.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -109.07%.
Volatility
Lyft’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.08%, a negative 1.15%, and a positive 3.88%.
Lyft’s highest amplitude of average volatility was 2.84% (last week), 5.47% (last month), and 3.88% (last quarter).
Volume
Today’s last reported volume for Lyft is 11539307 which is 36.31% below its average volume of 18054400.
Revenue Growth
Year-on-year quarterly revenue growth grew by 21.9%, now sitting on 3.89B for the twelve trailing months.
Yearly Top and Bottom Value
Lyft’s stock is valued at $10.63 at 14:44 EST, way below its 52-week high of $41.38 and way above its 52-week low of $9.66.
More news about Lyft (LYFT).
