Lightspeed Commerce Inc (LSPD)’s Market Momentum: Closing Strong at 12.95, Down -0.23

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As of close of business last night, Lightspeed Commerce Inc’s stock clocked out at $12.95, down -0.23% from its previous closing price of $12.98. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 0.77 million shares were traded. LSPD stock price reached its highest trading level at $13.119 during the session, while it also had its lowest trading level at $12.82.

Ratios:

To gain a deeper understanding of LSPD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.96 and its Current Ratio is at 6.09. 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 this company, Jefferies on May 15, 2024, initiated with a Hold rating and assigned the stock a target price of $14.

BTIG Research reiterated its Buy rating for the stock on December 28, 2023, while the target price for the stock was revised from $20 to $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 1965460224 and an Enterprise Value of 1311372928. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 1.357 whereas that against EBITDA is -14.291.

Stock Price History:

Over the past 52 weeks, LSPD has reached a high of $21.71, while it has fallen to a 52-week low of $11.01. The 50-Day Moving Average of the stock is -5.27%, while the 200-Day Moving Average is calculated to be -13.91%.

Shares Statistics:

It appears that LSPD traded 1.13M shares on average per day over the past three months and 1170740 shares per day over the past ten days. A total of 153.55M shares are outstanding, with a floating share count of 135.23M. Insiders hold about 10.75% of the company’s shares, while institutions hold 63.47% stake in the company. Shares short for LSPD as of 1722384000 were 5233183 with a Short Ratio of 4.80, compared to 1719532800 on 5648485. Therefore, it implies a Short% of Shares Outstanding of 5233183 and a Short% of Float of 3.81.

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