Lightspeed Commerce (TSE:LSPD) Stock Price Down 1% – Here’s What Happened

Lightspeed Commerce Inc. (TSE:LSPDGet Free Report)’s share price fell 1% during trading on Wednesday . The company traded as low as C$21.88 and last traded at C$22.15. 471,630 shares were traded during trading, a decline of 3% from the average session volume of 488,154 shares. The stock had previously closed at C$22.38.

Lightspeed Commerce Stock Down 1.0 %

The company has a current ratio of 6.19, a quick ratio of 6.05 and a debt-to-equity ratio of 0.99. The company has a market capitalization of C$3.36 billion, a PE ratio of -16.53 and a beta of 2.69. The business’s 50-day simple moving average is C$23.52 and its 200-day simple moving average is C$20.60.

Lightspeed Commerce Company Profile

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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.

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