Lightspeed Commerce (TSE:LSPD) Shares Up 2.1% – Here’s Why

Lightspeed Commerce Inc. (TSE:LSPDGet Free Report) was up 2.1% during trading on Thursday . The stock traded as high as C$21.41 and last traded at C$21.30. Approximately 276,038 shares were traded during mid-day 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 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 company’s fifty day moving average is C$22.77 and its 200 day moving average is C$20.87. The stock has a market cap of C$3.23 billion, a PE ratio of -15.90 and a beta of 2.69.

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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