Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report)'s stock price reached a new 52-week low on Monday . The stock traded as low as C$10.50 and last traded at C$11.35, with a volume of 686600 shares trading hands. The stock had previously closed at C$11.18.
Analyst Ratings Changes
LSPD has been the subject of a number of research reports. BMO Capital Markets decreased their price target on shares of Lightspeed Commerce from C$20.00 to C$15.00 and set an "outperform" rating for the company in a research report on Friday, February 7th. Cormark decreased their target price on Lightspeed Commerce from C$24.00 to C$21.00 and set a "buy" rating for the company in a research report on Thursday, March 27th. TD Securities dropped their target price on Lightspeed Commerce from C$19.00 to C$13.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Scotiabank reduced their price target on Lightspeed Commerce from C$21.00 to C$19.00 and set an "outperform" rating on the stock in a research report on Friday, February 7th. Finally, National Bankshares lowered their price objective on shares of Lightspeed Commerce from C$20.00 to C$15.00 and set a "sector perform" rating for the company in a research report on Friday, February 7th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Lightspeed Commerce presently has an average rating of "Moderate Buy" and an average target price of C$18.89.
View Our Latest Research Report on Lightspeed Commerce
Lightspeed Commerce Stock Up 3.0 %
The firm has a fifty day simple moving average of C$15.85 and a 200-day simple moving average of C$20.22. The company has a market capitalization of C$1.38 billion, a PE ratio of -11.28 and a beta of 2.69. The company has a debt-to-equity ratio of 0.83, a quick ratio of 6.05 and a current ratio of 6.10.
Insider Buying and Selling
In other Lightspeed Commerce news, Senior Officer Daniel Robert Micak sold 3,995 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of C$19.53, for a total transaction of C$78,022.35. Also, Senior Officer Asha Hotchandani (Bakshani) sold 22,489 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of C$15.72, for a total value of C$353,527.08. Insiders own 9.93% of the company's stock.
About Lightspeed Commerce
(
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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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