Lightspeed POS (TSE:LSPD) Trading Down 1.1%

Lightspeed POS Inc (TSE:LSPD) shares were down 1.1% on Friday . The company traded as low as C$34.26 and last traded at C$34.34, approximately 144,974 shares were traded during trading. A decline of 42% from the average daily volume of 249,037 shares. The stock had previously closed at C$34.72.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

A number of equities research analysts have recently weighed in on LSPD shares. JPMorgan Chase & Co. dropped their target price on Lightspeed POS from C$41.00 to C$37.00 in a report on Friday, November 8th. KeyCorp dropped their target price on Lightspeed POS from C$55.00 to C$45.00 in a report on Friday, November 8th. Raymond James reissued a “market perform” rating and set a C$39.00 target price on shares of Lightspeed POS in a report on Friday, November 8th. BMO Capital Markets dropped their target price on Lightspeed POS from C$52.00 to C$44.00 in a report on Friday, November 8th. Finally, TD Securities dropped their target price on Lightspeed POS from C$52.00 to C$40.00 and set a “buy” rating for the company in a report on Friday, November 8th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Lightspeed POS currently has an average rating of “Buy” and a consensus price target of C$43.86.

The company has a quick ratio of 3.03, a current ratio of 3.15 and a debt-to-equity ratio of 7.49. The company has a market cap of $2.94 billion and a price-to-earnings ratio of -11.21. The stock has a fifty day moving average price of C$32.60 and a two-hundred day moving average price of C$34.49.

Lightspeed POS Company Profile (TSE:LSPD)

Lightspeed POS Inc, a commerce-enabling software company, primarily sells software as a service to retailers, restaurants, and e-commerce companies. The company's commerce platform enables the handling of point of sale and omnichannel transactions, as well as the management of inventory, customer preferences, sales, and analytics.

See Also: What is the Hang Seng index?  

Leave a Reply

Your email address will not be published. Required fields are marked *

*