Lightspeed Commerce (TSE:LSPD) Stock Price Down 0.5%

Shares of Lightspeed Commerce Inc. (TSE:LSPD) were down 0.5% during mid-day trading on Tuesday . The stock traded as low as C$21.51 and last traded at C$22.18. Approximately 456,076 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 652,550 shares. The stock had previously closed at C$22.30.

Lightspeed Commerce Price Performance

The company has a 50 day moving average of C$18.03 and a 200 day moving average of C$18.67. The stock has a market capitalization of C$3.36 billion, a price-to-earnings ratio of -16.80 and a beta of 2.65. The company has a debt-to-equity ratio of 0.99, a quick ratio of 6.05 and a current ratio of 6.19.

Insider Activity at Lightspeed Commerce

In other news, Senior Officer Ana Wight sold 2,790 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of C$18.44, for a total transaction of C$51,454.02. In other news, Senior Officer Kady Srinivasan sold 3,378 shares of Lightspeed Commerce stock in a transaction dated Monday, September 9th. The stock was sold at an average price of C$16.64, for a total transaction of C$56,203.06. Also, Senior Officer Ana Wight sold 2,790 shares of Lightspeed Commerce stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of C$18.44, for a total value of C$51,454.02. Insiders sold a total of 7,386 shares of company stock valued at $123,720 in the last three months. 9.93% of the stock is currently owned by company insiders.

About Lightspeed Commerce

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.