Lightspeed Commerce (TSE:LSPD) Stock Price Up 3.8% – Time to Buy?

Lightspeed Commerce Inc. (TSE:LSPD) shares traded up 3.8% during trading on Tuesday . The company traded as high as C$25.78 and last traded at C$25.64. 1,180,227 shares were traded during trading, an increase of 83% from the average session volume of 644,274 shares. The stock had previously closed at C$24.71.

Lightspeed Commerce Trading Up 3.8 %

The firm has a market cap of C$3.88 billion, a PE ratio of -19.13 and a beta of 2.69. The company has a debt-to-equity ratio of 0.99, a quick ratio of 6.05 and a current ratio of 6.19. The company has a 50 day simple moving average of C$20.60 and a two-hundred day simple moving average of C$19.40.

Insider Transactions at Lightspeed Commerce

In other Lightspeed Commerce news, Senior Officer Kady Srinivasan sold 3,378 shares of Lightspeed Commerce stock in a transaction dated Monday, September 9th. The shares were sold at an average price of C$16.64, for a total transaction of C$56,203.06. In other news, Senior Officer Kady Srinivasan sold 3,378 shares of the stock in a transaction dated Monday, September 9th. The shares were 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 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. Insiders have sold 7,386 shares of company stock worth $123,720 over the last 90 days. 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.