Lightspeed Commerce (TSE:LSPD) Stock Price Down 0.7% – Here’s What Happened

Lightspeed Commerce Inc. (TSE:LSPD)’s share price traded down 0.7% on Friday . The company traded as low as C$13.28 and last traded at C$13.44. 823,064 shares changed hands during trading, an increase of 7% from the average session volume of 771,947 shares. The stock had previously closed at C$13.53.

Lightspeed Commerce Stock Down 0.7%

The company has a quick ratio of 6.05, a current ratio of 4.16 and a debt-to-equity ratio of 1.36. The company’s fifty day simple moving average is C$12.71 and its 200 day simple moving average is C$13.88. The firm has a market capitalization of C$1.85 billion, a PE ratio of -12.92 and a beta of 1.96.

Lightspeed Commerce (TSE:LSPD) last issued its quarterly earnings data on Thursday, May 21st. The company reported C($0.31) EPS for the quarter. Lightspeed Commerce had a negative return on equity of 9.57% and a negative net margin of 11.77%.The company had revenue of C$420.90 million during the quarter. Analysts anticipate 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.