Lightspeed Commerce Inc. (TSE:LSPD) Senior Officer Ana Wight Sells 2,790 Shares

Lightspeed Commerce Inc. (TSE:LSPD) Senior Officer Ana Wight sold 2,790 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of C$18.44, for a total transaction of C$51,454.02.

Ana Wight also recently made the following trade(s):

• On Wednesday, May 29th, Ana Wight sold 1,912 shares of Lightspeed Commerce stock. The stock was sold at an average price of C$20.54, for a total value of C$39,272.48.

Lightspeed Commerce Trading Down 1.2 %

LSPD opened at C$17.86 on Friday. Lightspeed Commerce Inc. has a fifty-two week low of C$16.04 and a fifty-two week high of C$28.73. The company has a debt-to-equity ratio of 0.99, a current ratio of 6.19 and a quick ratio of 6.05. The firm has a market capitalization of C$2.71 billion, a price-to-earnings ratio of -13.23 and a beta of 2.64. The company’s 50 day moving average price is C$18.38 and its two-hundred day moving average price is C$18.90.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on LSPD shares. CIBC raised shares of Lightspeed Commerce from a “neutral” rating to an “outperform” rating and lifted their price target for the company from C$26.00 to C$33.00 in a report on Friday, May 24th. Cormark lifted their price target on shares of Lightspeed Commerce from C$26.00 to C$26.50 in a report on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Lightspeed Commerce currently has a consensus rating of “Moderate Buy” and an average target price of C$26.50.

Lightspeed Commerce Company Profile

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.