Lightspeed Commerce (TSE:LSPD) Stock Price Down 0.5% – Should You Sell?

Lightspeed Commerce Inc. (TSE:LSPD) shares were down 0.5% during mid-day trading on Thursday . The company traded as low as C$13.36 and last traded at C$13.50. 528,181 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 720,635 shares. The stock had previously closed at C$13.57.

Lightspeed Commerce Trading Down 0.5%

The stock has a market cap of C$1.75 billion, a PE ratio of -19.01 and a beta of 1.85. The firm has a 50-day moving average price of C$14.47 and a 200-day moving average price of C$13.39. The company has a debt-to-equity ratio of 1.44, a quick ratio of 6.05 and a current ratio of 3.44.

Lightspeed Commerce (TSE:LSPD) last released its quarterly earnings data 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 for the quarter. Lightspeed Commerce had a negative return on equity of 6.61% and a negative net margin of 7.86%. As a group, equities analysts anticipate that Lightspeed Commerce Inc. will post 0.5970516 EPS 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.