Daniel Robert Micak Sells 3,995 Shares of Lightspeed Commerce Inc. (TSE:LSPD) Stock

Lightspeed Commerce Inc. (TSE:LSPD) Senior Officer Daniel Robert Micak sold 3,995 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of C$19.53, for a total transaction of C$78,022.35.

Lightspeed Commerce Price Performance

Lightspeed Commerce stock opened at C$19.02 on Friday. Lightspeed Commerce Inc. has a 1 year low of C$16.04 and a 1 year high of C$26.60. The firm has a 50 day moving average price of C$21.19 and a 200 day moving average price of C$20.96. The company has a market cap of C$2.07 billion, a price-to-earnings ratio of -16.90 and a beta of 2.69. The company has a debt-to-equity ratio of 0.83, a quick ratio of 6.05 and a current ratio of 6.10.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on LSPD shares. Scotiabank cut their price objective on shares of Lightspeed Commerce from C$21.00 to C$19.00 and set an “outperform” rating for the company in a research report on Friday, February 7th. National Bankshares cut their price objective on shares of Lightspeed Commerce from C$20.00 to C$15.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. CIBC cut their price objective on shares of Lightspeed Commerce from C$35.00 to C$30.00 and set an “outperform” rating for the company in a research report on Friday, February 7th. TD Securities lowered their target price on shares of Lightspeed Commerce from C$19.00 to C$13.00 and set a “hold” rating for the company in a report on Friday, February 7th. Finally, BMO Capital Markets lowered their target price on shares of Lightspeed Commerce from C$20.00 to C$15.00 and set an “outperform” rating for the company in a report on Friday, February 7th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$20.31.

Lightspeed Commerce Company Profile

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.