Lightspeed Commerce (TSE:LSPD) Stock Price Down 0.1% – Here’s What Happened

Lightspeed Commerce Inc. (TSE:LSPD) shares were down 0.1% during mid-day trading on Thursday . The stock traded as low as C$14.19 and last traded at C$14.36. Approximately 623,252 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 737,645 shares. The stock had previously closed at C$14.37.

Lightspeed Commerce Stock Down 0.1%

The firm has a market cap of C$1.86 billion, a PE ratio of -20.23 and a beta of 1.83. The company has a current ratio of 3.44, a quick ratio of 6.05 and a debt-to-equity ratio of 1.44. The firm has a 50 day moving average price of C$14.30 and a 200-day moving average price of C$13.21.

Lightspeed Commerce (TSE:LSPD) last released its earnings results on Thursday, July 30th. The company reported C$0.19 earnings per share for the quarter. The firm had revenue of C$458.49 million for the quarter. Lightspeed Commerce had a negative net margin of 7.86% and a negative return on equity of 6.61%. Research analysts forecast that Lightspeed Commerce Inc. will post 0.5970516 EPS for the current fiscal year.

Lightspeed Commerce Company Profile

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations. With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network.