Market Highlights: Lightspeed Commerce Inc (LSPD) Ends on a Low Note at 16.32

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The price of Lightspeed Commerce Inc (NYSE: LSPD) closed at $16.32 in the last session, down -0.73% from day before closing price of $16.44. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 0.79 million shares were traded. LSPD stock price reached its highest trading level at $16.6687 during the session, while it also had its lowest trading level at $16.185.

Ratios:

We take a closer look at LSPD’s different ratios to gain a better understanding of the stock. 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, The Benchmark Company on September 17, 2024, initiated with a Buy rating and assigned the stock a target price of $20.

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

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 09 ’24 when Srinivasan Kady bought 3,378 shares for $12.23 per share.

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 2472268032 and an Enterprise Value of 1821959936. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 1.886 whereas that against EBITDA is -19.856.

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 22.75%, while the 200-Day Moving Average is calculated to be 11.13%.

Shares Statistics:

According to the various share statistics, LSPD traded on average about 965.45K shares per day over the past 3-months and 1806700 shares per day over the past 10 days. A total of 153.55M shares are outstanding, with a floating share count of 136.36M. Insiders hold about 10.00% of the company’s shares, while institutions hold 60.64% stake in the company. Shares short for LSPD as of 1726185600 were 4914701 with a Short Ratio of 5.09, compared to 1723680000 on 5326796. Therefore, it implies a Short% of Shares Outstanding of 4914701 and a Short% of Float of 3.58.

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