Lightspeed Commerce (TSE:LSPD) Shares Up 2.2% – Should You Buy?

Lightspeed Commerce Inc. (TSE:LSPD) shares were up 2.2% during trading on Thursday. The company traded as high as C$15.69 and last traded at C$15.67. Approximately 396,227 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 693,732 shares. The stock had previously closed at C$15.34.

Lightspeed Commerce Stock Performance

The company has a market cap of C$2.02 billion, a price-to-earnings ratio of -21.96 and a beta of 1.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 6.05 and a current ratio of 3.44. The company has a fifty day moving average of C$14.38 and a two-hundred day moving average of C$13.80.

Lightspeed Commerce (TSE:LSPD) last issued its earnings results on Thursday, July 30th. The company reported C$0.19 earnings per share (EPS) for the quarter. The business had revenue of C$458.49 million during the quarter. Lightspeed Commerce had a negative return on equity of 6.61% and a negative net margin of 7.86%. Equities research analysts anticipate that Lightspeed Commerce Inc. will post 0.60 EPS for the current year.

About Lightspeed Commerce

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.