Fed Wipes $2 Trillion With Secretive Move

$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates. According to Dan Ferris, you should consider moving money to a unique "escape" investment right away.

LYFT
Lyft Inc
NASDAQ
11.43
Open 11.44 Prev Close 11.48
High 11.73 Low 11.11
Volume 19,201,324 Volume (Avg) 18,523
52 Week High 20.82 52 Week Low 8.93
Market Cap 4.8B PE Ratio 223.24

Shares Stats

Shares Outstanding409,470,000
Shares Float378,020,000
Shares Short49,370,000
Insider Holdings398%
Institution Holdings87.27%

About Lyft Inc

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 access to various transportation options through the Lyft platform and mobile-based applications. Its platform provides a ridesharing marketplace that connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. 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.

General

NameLyft Inc
TickerLYFT
ExchangeNASDAQ
SectorTechnology
IndustrySoftware - Application
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees2,934

Highlights

Analyst Target16.89
Market Cap4,777,800,000
PE Ratio223.24
PEG Ratio0.28
EBITDA27,335,000

Financials

Curr Year EPS Estimate0.15
Next Quarter EPS Estimate-0.03
Profit Margin0.39%
Operating Margin0.32
Return on Assets-0.01
Return on Equity0.03
Revenue5.8B
Earnings Per Share0.06
Revenue Per Share14.14
Gross Profit2,040,013,952
Quarterly Revenue Growth0.27

Valuation

Trailing PE190.50
Forward PE13.30
Price/Sales (Trailing 12 Mt.)0.83
Price/Book (Most Recent Quarter)6.23

Earnings

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