Lightspeed Commerce Inc. (TSE:LSPD) Senior Officer Daniel Robert Micak Sells 3,995 Shares

Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report) Senior Officer Daniel Robert Micak sold 3,995 shares of Lightspeed Commerce stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of C$19.53, for a total value of C$78,022.35.

Lightspeed Commerce Stock Performance

Shares of TSE LSPD traded down C$0.31 during mid-day trading on Friday, reaching C$18.71. 891,468 shares of the company were exchanged, compared to its average volume of 682,451. The company's 50-day simple moving average is C$21.19 and its 200-day simple moving average is C$20.96. The company has a quick ratio of 6.05, a current ratio of 6.10 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of C$2.03 billion, a P/E ratio of -16.63 and a beta of 2.69. Lightspeed Commerce Inc. has a twelve month low of C$16.04 and a twelve month high of C$26.60.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. TD Securities reduced their price objective on shares of Lightspeed Commerce from C$19.00 to C$13.00 and set a "hold" rating for the company in a research note on Friday, February 7th. BMO Capital Markets dropped their price objective on Lightspeed Commerce from C$20.00 to C$15.00 and set an "outperform" rating on the stock in a research note on Friday, February 7th. Stifel Nicolaus decreased their target price on shares of Lightspeed Commerce from C$18.00 to C$15.00 and set a "hold" rating for the company in a research note on Friday, February 7th. Scotiabank cut their price target on shares of Lightspeed Commerce from C$21.00 to C$19.00 and set an "outperform" rating for the company in a research note on Friday, February 7th. Finally, CIBC decreased their price objective on shares of Lightspeed Commerce from C$35.00 to C$30.00 and set an "outperform" rating for the company in a research report on Friday, February 7th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$20.31.

About Lightspeed Commerce

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.