Lightspeed Commerce (TSE:LSPD) Shares Down 0.7% – Should You Sell?

Shares of Lightspeed Commerce Inc. (TSE:LSPD) traded down 0.7% during trading on Friday . The stock traded as low as C$13.28 and last traded at C$13.44. 823,064 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 771,947 shares. The stock had previously closed at C$13.53.

Lightspeed Commerce Stock Performance

The firm’s fifty day moving average price is C$12.71 and its 200 day moving average price is C$13.88. The company has a current ratio of 4.16, a quick ratio of 6.05 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of C$1.85 billion, a price-to-earnings ratio of -12.92 and a beta of 1.96.

Lightspeed Commerce (TSE:LSPD) last issued its quarterly earnings data on Thursday, May 21st. The company reported C($0.31) EPS for the quarter. Lightspeed Commerce had a negative return on equity of 9.57% and a negative net margin of 11.77%.The company had revenue of C$420.90 million during the quarter. 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.