Lightspeed Commerce Inc (LSPD) concluded trading on Thursday at a closing price of $15.68, with 9.25 million shares of worth about $145.04 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.29% during that period and on September 25, 2024 the price saw a gain of about 12.89%. Currently the company’s common shares owned by public are about 153.55M shares, out of which, 136.36M shares are available for trading.
Stock saw a price change of 17.54% in past 5 days and over the past one month there was a price change of 18.52%. Year-to-date (YTD), LSPD shares are showing a performance of -25.30% which increased to 8.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.01 but also hit the highest price of $21.71 during that period. The average intraday trading volume for Lightspeed Commerce Inc shares is 775.32K. The stock is currently trading 21.27% above its 20-day simple moving average (SMA20), while that difference is up 20.23% for SMA50 and it goes to 6.71% higher than SMA200.
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Lightspeed Commerce Inc (NYSE: LSPD) currently have 153.55M outstanding shares and institutions hold larger chunk of about 60.62% of that.
The stock has a current market capitalization of $2.38B and its 3Y-monthly beta is at 2.61. It has posted earnings per share of -$0.97 in the same period. It has Quick Ratio of 5.96 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LSPD, volatility over the week remained 5.56% while standing at 3.72% over the month.
Stock’s fiscal year EPS is expected to rise by 140.16% while it is estimated to increase by 43.20% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by The Benchmark Company on September 17, 2024 offering a Buy rating for the stock and assigned a target price of $20 to it. Coverage by Jefferies stated Lightspeed Commerce Inc (LSPD) stock as a Hold in their note to investors on May 15, 2024, suggesting a price target of $14 for the stock. On February 09, 2024, TD Securities Downgrade their recommendations, while on December 28, 2023, BTIG Research Reiterated their ratings for the stock with a price target of $24. Stock get a Neutral rating from JP Morgan on December 18, 2023.
