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Lightspeed Commerce (TSE:LSPD) Trading Down 2.2% - What's Next?

Lightspeed Commerce logo with Computer and Technology background

Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report) shares dropped 2.2% on Tuesday . The stock traded as low as C$21.29 and last traded at C$21.35. Approximately 630,282 shares were traded during trading, a decline of 1% from the average daily volume of 633,690 shares. The stock had previously closed at C$21.83.

Lightspeed Commerce Price Performance

The company has a quick ratio of 6.05, a current ratio of 6.19 and a debt-to-equity ratio of 0.99. The firm's fifty day moving average price is C$19.35 and its two-hundred day moving average price is C$19.03. The stock has a market capitalization of C$3.23 billion, a PE ratio of -15.93 and a beta of 2.69.

Insider Activity

In other Lightspeed Commerce news, Senior Officer Kady Srinivasan sold 3,378 shares of the company's stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of C$16.64, for a total transaction of C$56,203.06. In other Lightspeed Commerce news, Senior Officer Kady Srinivasan sold 3,378 shares of the company's stock in a transaction that occurred on Monday, September 9th. The shares were 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 that occurred on 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 three months. Insiders own 9.93% of the company's stock.

About Lightspeed Commerce

(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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