Lightspeed Commerce (TSE:LSPD) Stock Price Up 2.5% – Still a Buy?

Lightspeed Commerce Inc. (TSE:LSPD) shot up 2.5% during trading on Wednesday . The company traded as high as C$15.58 and last traded at C$15.47. Approximately 1,400,884 shares were traded during mid-day trading, an increase of 90% from the average session volume of 736,326 shares. The stock had previously closed at C$15.09.

Lightspeed Commerce Trading Up 2.5%

The stock has a market capitalization of C$2.03 billion, a PE ratio of -14.88 and a beta of 1.83. The company has a quick ratio of 6.05, a current ratio of 4.16 and a debt-to-equity ratio of 1.36. The business’s 50-day moving average is C$13.79 and its two-hundred day moving average is C$13.38.

Lightspeed Commerce (TSE:LSPD) last released its quarterly earnings data on Thursday, May 21st. The company reported C($0.31) earnings per share (EPS) for the quarter. The company had revenue of C$420.90 million during the quarter. Lightspeed Commerce had a negative net margin of 11.77% and a negative return on equity of 9.57%. On average, analysts anticipate that Lightspeed Commerce Inc. will post 0.5970516 earnings per share 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.