Lightspeed Commerce (TSE:LSPD) Trading Down 0.2% – Should You Sell?

Lightspeed Commerce Inc. (TSE:LSPD) shares dropped 0.2% during trading on Tuesday . The company traded as low as C$15.01 and last traded at C$15.04. Approximately 604,492 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 761,051 shares. The stock had previously closed at C$15.07.

Lightspeed Commerce Stock Down 0.2%

The firm has a fifty day simple moving average of C$13.18 and a 200-day simple moving average of C$13.63. The company has a market capitalization of C$1.97 billion, a PE ratio of -14.46 and a beta of 1.83. The company has a debt-to-equity ratio of 1.36, a quick ratio of 6.05 and a current ratio of 4.16.

Lightspeed Commerce (TSE:LSPD) last released its earnings results on Thursday, May 21st. The company reported C($0.31) EPS for the quarter. Lightspeed Commerce had a negative net margin of 11.77% and a negative return on equity of 9.57%. The business had revenue of C$420.90 million for the quarter. Equities research 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.