The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Lightspeed Commerce Inc (NYSE: LSPD) was $13.22 for the day, down -2.72% from the previous closing price of $13.59. In other words, the price has decreased by -$2.72 from its previous closing price. On the day, 0.64 million shares were traded. LSPD stock price reached its highest trading level at $13.315 during the session, while it also had its lowest trading level at $13.155.
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 5.99 and its Current Ratio is at 6.12. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On December 28, 2023, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $20 to $24.
JP Morgan Upgraded its Underweight to Neutral on December 18, 2023, while the target price for the stock was maintained at $19.
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 2092567424 and an Enterprise Value of 1300023040. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 1.506 whereas that against EBITDA is -9.319.
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 $12.23. The 50-Day Moving Average of the stock is -3.01%, while the 200-Day Moving Average is calculated to be -15.93%.
Shares Statistics:
LSPD traded an average of 1.42M shares per day over the past three months and 687900 shares per day over the past ten days. A total of 151.17M shares are outstanding, with a floating share count of 136.71M. Insiders hold about 10.79% of the company’s shares, while institutions hold 64.14% stake in the company. Shares short for LSPD as of 1713139200 were 4858170 with a Short Ratio of 3.82, compared to 1710460800 on 4283801. Therefore, it implies a Short% of Shares Outstanding of 4858170 and a Short% of Float of 3.49.
