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

Lightspeed Commerce Inc. (TSE:LSPD) 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 traded hands during 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 Trading Down 12.8%

The business’s 50-day moving average price is C$13.79 and its two-hundred day moving average price is C$13.38. The company has a debt-to-equity ratio of 1.36, a current ratio of 4.16 and a quick ratio of 6.05. The firm has a market cap of C$1.77 billion, a price-to-earnings ratio of -12.97 and a beta of 1.83.

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