Lightspeed Commerce (TSE:LSPD) Stock Price Down 0.8% – Should You Sell?

Shares of Lightspeed Commerce Inc. (TSE:LSPD) dropped 0.8% during mid-day trading on Thursday. The stock traded as low as C$13.70 and last traded at C$13.79. 480,890 shares traded hands during trading, a decline of 32% from the average daily volume of 706,464 shares. The stock had previously closed at C$13.90.

Lightspeed Commerce Stock Performance

The company has a market capitalization of C$1.78 billion, a price-to-earnings ratio of -19.42 and a beta of 1.85. The stock has a 50-day simple moving average of C$14.22 and a 200-day simple moving average of C$13.50. The company has a current ratio of 3.44, a quick ratio of 6.05 and a debt-to-equity ratio of 1.44.

Lightspeed Commerce (TSE:LSPD) last announced its quarterly earnings data on Thursday, July 30th. The company reported C$0.19 earnings per share 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%. On average, analysts anticipate that Lightspeed Commerce Inc. will post 0.5970516 earnings per share for the current 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.