Lightspeed Commerce (TSE:LSPD) Shares Down 14.4% – Should You Sell?

Lightspeed Commerce Inc. (TSE:LSPD)’s stock price fell 14.4% during trading on Thursday . The company traded as low as C$13.03 and last traded at C$13.25. 1,206,518 shares were traded during mid-day trading, an increase of 63% from the average session volume of 739,130 shares. The stock had previously closed at C$15.47.

Lightspeed Commerce Stock Up 4.8%

The company has a current ratio of 3.44, a quick ratio of 6.05 and a debt-to-equity ratio of 1.44. The firm’s 50 day simple moving average is C$13.88 and its 200-day simple moving average is C$13.36. The company has a market capitalization of C$1.86 billion, a price-to-earnings ratio of -13.60 and a beta of 1.83.

Lightspeed Commerce (TSE:LSPD) last posted its quarterly 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 return on equity of 6.61% and a negative net margin of 7.86%. On average, sell-side 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.