Lightspeed Commerce (TSE:LSPD) Trading Down 0.1% – Here’s Why

Lightspeed Commerce Inc. (TSE:LSPD) fell 0.1% on Thursday . The stock traded as low as C$14.19 and last traded at C$14.36. Approximately 623,252 shares traded hands during trading, a decline of 16% from the average daily volume of 737,645 shares. The stock had previously closed at C$14.37.

Lightspeed Commerce Stock Up 1.6%

The company has a fifty day simple moving average of C$14.32 and a 200-day simple moving average of C$13.22. The company has a quick ratio of 6.05, a current ratio of 3.44 and a debt-to-equity ratio of 1.44. The firm has a market cap of C$1.89 billion, a P/E ratio of -20.55 and a beta of 1.83.

Lightspeed Commerce (TSE:LSPD) last posted its quarterly earnings data on Thursday, July 30th. The company reported C$0.19 EPS for the quarter. Lightspeed Commerce had a negative return on equity of 6.61% and a negative net margin of 7.86%.The firm had revenue of C$458.49 million for the quarter. On average, equities analysts anticipate that Lightspeed Commerce Inc. will post 0.5970516 earnings per share 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.