Lightspeed Commerce (TSE:LSPD) Stock Price Down 0.5% – Here’s What Happened

Lightspeed Commerce Inc. (TSE:LSPD) shares fell 0.5% on Thursday . The stock traded as low as C$13.36 and last traded at C$13.50. Approximately 528,181 shares traded hands during trading, a decline of 27% from the average daily volume of 720,635 shares. The stock had previously closed at C$13.57.

Lightspeed Commerce Stock Up 2.2%

The company has a quick ratio of 6.05, a current ratio of 3.44 and a debt-to-equity ratio of 1.44. The company’s fifty day moving average is C$14.45 and its 200-day moving average is C$13.39. The company has a market cap of C$1.78 billion, a PE ratio of -19.44 and a beta of 1.85.

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