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Lyft Inc (LYFT) Becoming More Attractive for Investors

In a filing, Lyft Inc revealed its Director Beggs Jill unloaded Company’s shares for reported $21206.0 on Feb 21 ’25. In the deal valued at $13.49 per share,1,572 shares were sold. As a result of this transaction, Beggs Jill now holds 23,611 shares worth roughly $0.3 million.

Then, JOHN ZIMMER bought 2,424 shares, generating $30,833 in total proceeds.

Before that, JILL BEGGS bought 3,144 shares. Lyft Inc shares valued at $42,318 were divested by the Director at a price of $13.46 per share.

The Benchmark Company upgraded its Lyft Inc [LYFT] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who began to cover the stock in late October with a ‘”a Hold”‘ rating. Cantor Fitzgerald started covering the stock on September 05, 2024. It rated LYFT as “a Neutral”.

Price Performance Review of LYFT

On Tuesday, Lyft Inc [NASDAQ:LYFT] saw its stock jump 0.16% to $12.74. Over the last five days, the stock has lost -9.06%. Lyft Inc shares have fallen nearly -1.24% since the year began. Nevertheless, the stocks have fallen -19.92% over the past one year. While a 52-week high of $20.82 was reached on 02/11/25, a 52-week low of $8.93 was recorded on 02/12/25. SMA at 50 days reached $13.70, while 200 days put it at $13.79.

Levels Of Support And Resistance For LYFT Stock

The 24-hour chart illustrates a support level at 12.32, which if violated will result in even more drops to 11.90. On the upside, there is a resistance level at 13.01. A further resistance level may holdings at 13.27. The Relative Strength Index (RSI) on the 14-day chart is 40.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.33%. Stochastics %K at 23.61% indicates the stock is a holding.

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