Lightspeed Commerce Inc. (NYSE:LSPD) traded with an addition of $1.39 to close at $14.14 on Thursday, an upside of 10.90 percent. An average of 808,269 shares of common stock have been traded in the last five days. There was a gain of $0.21 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,034,137 shares traded, while the 50-day average volume stands at 1,276,005.
LSPD stock has decreased by -15.06% in the last month. The company shares reached their 1-month lowest point of $12.71 on 12/28/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $12.71 and a high of $42.98 in 52 weeks. It has reached a new high 1 time so far this year and lost -68.46% or -$26.32 in price. In spite of this, the price is down -67.10% from the 52-week high.
Lightspeed Commerce Inc. (LSPD) stock’s beta is 2.73. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.92, the price-to-book (PB) ratio at 0.42.
The quick ratio of Lightspeed Commerce Inc. for the three months ended September 29 was 6.30, and the current ratio was 6.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.01 and a total debt to equity ratio of 0.01 for the quarter ending September 29. Its gross profit as reported stood at $271.17 million compared to revenue of $548.37 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Lightspeed Commerce Inc.’s return on assets was -10.10%.
The analyst consensus anticipated Lightspeed Commerce Inc.’s latest quarter earnings to come in at -$0.07 per share, but it turned out to be -$0.05, a 28.60% surprise. For the quarter, EBITDA amounted to -$57.88 million.
From a technical analysis perspective, let’s take a brief look at Lightspeed Commerce Inc. (LSPD) price momentum. RSI 9-day as of the close on 28 December was 47.83%, suggesting the stock is Neutral, with historical volatility in this time frame at 64.13%.
As of today, LSPD’s price is $13.39 +1.52% or $0.21 from its 5-day moving average. LSPD is currently trading -14.37% lower than its 20-day SMA and -39.64% lower than its 100-day SMA. However, the stock’s current price level is -23.22% below the SMA50 and -34.73% below the SMA200.
The stochastic %K and %D were 13.90% and 11.15%, respectively, and the average true range (ATR) was 0.83. With the 14-day stochastic at 34.10% and the average true range at 0.87, the RSI (14) stands at 44.58%. The stock has reached -0.33 on the 9-day MACD Oscillator while the 14-day reading was at -0.83.
Piper Sandler downgraded Lightspeed Commerce Inc. (NYSE: LSPD) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Lightspeed Commerce Inc. (LSPD) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell LSPD, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 14 others rate it as a “buy”.
What is LSPD’s price target for the next 12 months?
Analysts predict a range of price targets between $16.00 and $44.82, with a median target of $25.29. Taking a look at these predictions, the average price target given by analysts for Lightspeed Commerce Inc. (LSPD) stock is $26.10.