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

Lightspeed Commerce Inc. (TSE:LSPD)’s stock price was down 14.4% during mid-day 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 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 Performance

The stock’s 50 day moving average price is C$13.79 and its 200 day moving average price is C$13.38. The company has a current ratio of 4.16, a quick ratio of 6.05 and a debt-to-equity ratio of 1.36. The company 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 released 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%. On average, analysts expect that Lightspeed Commerce Inc. will post 0.5970516 EPS for the current fiscal 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.