Lightspeed Commerce (TSE:LSPD) Stock Price Down 0.5%

Lightspeed Commerce Inc. (TSE:LSPD) was down 0.5% during mid-day trading on Tuesday . The company traded as low as C$21.51 and last traded at C$22.18. Approximately 456,076 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 652,550 shares. The stock had previously closed at C$22.30.

Lightspeed Commerce Stock Performance

The stock’s 50-day simple moving average is C$18.03 and its 200 day simple moving average is C$18.67. The stock has a market capitalization of C$3.36 billion, a P/E ratio of -16.80 and a beta of 2.65. The company has a debt-to-equity ratio of 0.99, a current ratio of 6.19 and a quick ratio of 6.05.

Insider Activity

In other Lightspeed Commerce news, Senior Officer Kady Srinivasan sold 3,378 shares of the stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of C$16.64, for a total transaction of C$56,203.06. In other news, Senior Officer Kady Srinivasan sold 3,378 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of C$16.64, for a total transaction of C$56,203.06. Also, Senior Officer Ana Wight sold 2,790 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of C$18.44, for a total transaction of C$51,454.02. Insiders sold 7,386 shares of company stock valued at $123,720 over the last quarter. 9.93% of the stock is owned by company insiders.

Lightspeed Commerce Company Profile

Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.