Lightspeed Commerce (TSE:LSPD) Trading 2.1% Higher – Here’s Why

Lightspeed Commerce Inc. (TSE:LSPDGet Free Report) shares traded up 2.1% on Thursday . The stock traded as high as C$21.41 and last traded at C$21.30. 276,038 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 418,828 shares. The stock had previously closed at C$20.86.

Lightspeed Commerce Trading Up 2.1 %

The business has a 50 day simple moving average of C$22.77 and a two-hundred day simple moving average of C$20.87. The company has a current ratio of 6.19, a quick ratio of 6.05 and a debt-to-equity ratio of 0.99. The company has a market cap of C$3.23 billion, a PE ratio of -15.90 and a beta of 2.69.

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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