Lightspeed Commerce (TSE:LSPD) Trading Down 0.1% – Here’s Why

Shares of Lightspeed Commerce Inc. (TSE:LSPD) dropped 0.1% on Thursday . The company traded as low as C$14.19 and last traded at C$14.36. 623,252 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 737,645 shares. The stock had previously closed at C$14.37.

Lightspeed Commerce Stock Performance

The company has a market capitalization of C$1.86 billion, a price-to-earnings ratio of -20.23 and a beta of 1.83. 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 stock’s fifty day simple moving average is C$14.30 and its 200-day simple moving average is C$13.21.

Lightspeed Commerce (TSE:LSPD) last issued its quarterly earnings results on Thursday, July 30th. The company reported C$0.19 EPS for the quarter. The company had revenue of C$458.49 million during the quarter. Lightspeed Commerce had a negative net margin of 7.86% and a negative return on equity of 6.61%. Analysts predict 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.