Daily Market Movement: Lightspeed Commerce Inc (LSPD) Sees a -1.35 Decrease, Closing at 13.13

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The closing price of Lightspeed Commerce Inc (NYSE: LSPD) was $13.13 for the day, down -1.35% from the previous closing price of $13.31. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 1.02 million shares were traded. LSPD stock price reached its highest trading level at $13.37 during the session, while it also had its lowest trading level at $12.805.

Ratios:

Our analysis of LSPD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.87 and its Current Ratio is at 5.98. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on January 10, 2025, Downgraded its rating to Equal Weight and sets its target price to $18 from $20 previously.

On September 17, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $20.

On May 15, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $14.Jefferies initiated its Hold rating on May 15, 2024, with a $14 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 09 ’24 when Shapiro John R bought 1,817 shares for $17.33 per share.

Srinivasan Kady bought 3,378 shares of LSPD for $41,326 on Sep 09 ’24.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LSPD now has a Market Capitalization of 2008496128 and an Enterprise Value of 1565846016. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 1.545 whereas that against EBITDA is -21.163.

Stock Price History:

The Beta on a monthly basis for LSPD is 2.71, which has changed by -0.017712176 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, LSPD has reached a high of $18.96, while it has fallen to a 52-week low of $11.01. The 50-Day Moving Average of the stock is -15.16%, while the 200-Day Moving Average is calculated to be -10.50%.

Shares Statistics:

LSPD traded an average of 673.50K shares per day over the past three months and 1041380 shares per day over the past ten days. A total of 152.97M shares are outstanding, with a floating share count of 137.69M. Insiders hold about 9.99% of the company’s shares, while institutions hold 58.41% stake in the company. Shares short for LSPD as of 1736899200 were 5609166 with a Short Ratio of 8.33, compared to 1734048000 on 5586884. Therefore, it implies a Short% of Shares Outstanding of 5609166 and a Short% of Float of 4.0799997999999995.

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