Lightspeed Commerce (TSE:LSPD) Trading 2.5% Higher – What’s Next?

Lightspeed Commerce Inc. (TSE:LSPD) shares were up 2.5% during mid-day trading on Wednesday . The company traded as high as C$15.58 and last traded at C$15.47. Approximately 1,400,884 shares changed hands during mid-day trading, an increase of 90% from the average session volume of 736,326 shares. The stock had previously closed at C$15.09.

Lightspeed Commerce Stock Up 5.5%

The stock has a 50 day moving average price of C$13.83 and a 200 day moving average price of C$13.35. The stock has a market capitalization of C$1.87 billion, a price-to-earnings ratio of -13.68 and a beta of 1.83. The company has a quick ratio of 6.05, a current ratio of 4.16 and a debt-to-equity ratio of 1.36.

Lightspeed Commerce (TSE:LSPD) last posted its earnings results on Thursday, July 30th. The company reported C$0.19 earnings per share for the quarter. The firm had revenue of C$458.49 million for the quarter. Lightspeed Commerce had a negative net margin of 11.77% and a negative return on equity of 9.57%. As a group, analysts forecast that Lightspeed Commerce Inc. will post 0.5970516 EPS 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.