Lightspeed Commerce (TSE:LSPD) Stock Price Up 2.1% - Here's Why

Lightspeed Commerce logo with Computer and Technology background

Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report)'s share price rose 2.1% on Thursday . The company traded as high as C$21.41 and last traded at C$21.30. Approximately 276,038 shares traded hands during trading, a decline of 34% from the average daily volume of 418,828 shares. The stock had previously closed at C$20.86.

Lightspeed Commerce Stock Performance

The company has a debt-to-equity ratio of 0.99, a quick ratio of 6.05 and a current ratio of 6.19. The company has a market cap of C$3.05 billion, a PE ratio of -15.04 and a beta of 2.69. The company's 50 day moving average price is C$22.70 and its 200-day moving average price is C$20.91.

Lightspeed Commerce Company Profile

(Get Free Report)

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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