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

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

Lightspeed Commerce Stock Performance

The stock’s 50-day simple moving average is C$12.71 and its 200 day simple moving average is C$13.88. The company has a debt-to-equity ratio of 1.36, a quick ratio of 6.05 and a current ratio of 4.16. The company has a market capitalization of C$1.85 billion, a PE ratio of -12.92 and a beta of 1.96.

Lightspeed Commerce (TSE:LSPD) last announced its quarterly earnings data on Thursday, May 21st. The company reported C($0.31) EPS for the quarter. The firm 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%. As a group, research analysts expect that Lightspeed Commerce Inc. will post 0.5970516 earnings per share for the current fiscal 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.