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

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

Lightspeed Commerce Stock Performance

The stock’s 50-day moving average is C$13.79 and its 200 day moving average is C$13.38. The stock has a market cap of C$2.03 billion, a price-to-earnings ratio of -14.88 and a beta of 1.83. The company has a debt-to-equity ratio of 1.36, a current ratio of 4.16 and a quick ratio of 6.05.

Lightspeed Commerce (TSE:LSPD) last released its earnings results on Thursday, May 21st. The company reported C($0.31) earnings per share (EPS) for the quarter. The business had revenue of C$420.90 million for the quarter. Lightspeed Commerce had a negative return on equity of 9.57% and a negative net margin of 11.77%. As a group, analysts predict 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.