Lightspeed Commerce (TSE:LSPD) Stock Jumps 2.2% – Should You Buy?

Shares of Lightspeed Commerce Inc. (TSE:LSPD) shot up 2.2% on Thursday. The stock traded as high as C$15.69 and last traded at C$15.67. Approximately 396,227 shares traded hands during 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 Up 2.2%

The firm has a 50 day moving average of C$14.36 and a two-hundred day moving average of C$13.79. The firm has a market capitalization of C$2.03 billion, a price-to-earnings ratio of -22.07 and a beta of 1.77. The company has a quick ratio of 6.05, a current ratio of 3.44 and a debt-to-equity ratio of 1.44.

Lightspeed Commerce (TSE:LSPD) last released its earnings results on Thursday, July 30th. The company reported C$0.19 earnings per share (EPS) for the quarter. The firm 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, sell-side analysts anticipate that Lightspeed Commerce Inc. will post 0.60 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.