The 36-month beta value for LSPD is also noteworthy at 2.66. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
The public float for LSPD is 136.36M, and at present, short sellers hold a 3.51% of that float. The average trading volume of LSPD on November 15, 2024 was 900.23K shares.
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LSPD) stock’s latest price update
The stock price of Lightspeed Commerce Inc (NYSE: LSPD) has dropped by -4.14 compared to previous close of 18.35. Despite this, the company has seen a gain of 3.78% in its stock price over the last five trading days. fool.com reported 2024-11-08 that Double-digit improvements and raised guidance in the company’s latest reported quarter pleased investors.
LSPD’s Market Performance
LSPD’s stock has risen by 3.78% in the past week, with a monthly rise of 10.21% and a quarterly rise of 31.66%. The volatility ratio for the week is 4.47% while the volatility levels for the last 30 days are 3.27% for Lightspeed Commerce Inc The simple moving average for the last 20 days is 10.13% for LSPD’s stock, with a simple moving average of 23.93% for the last 200 days.
Analysts’ Opinion of LSPD
Many brokerage firms have already submitted their reports for LSPD stocks, with The Benchmark Company repeating the rating for LSPD by listing it as a “Buy.” The predicted price for LSPD in the upcoming period, according to The Benchmark Company is $20 based on the research report published on September 17, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see LSPD reach a price target of $14. The rating they have provided for LSPD stocks is “Hold” according to the report published on May 15th, 2024.
LSPD Trading at 15.43% from the 50-Day Moving Average
After a stumble in the market that brought LSPD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.98% of loss for the given period.
Volatility was left at 3.27%, however, over the last 30 days, the volatility rate increased by 4.47%, as shares surge +11.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.38% upper at present.
During the last 5 trading sessions, LSPD rose by +3.78%, which changed the moving average for the period of 200-days by -4.61% in comparison to the 20-day moving average, which settled at $15.97. In addition, Lightspeed Commerce Inc saw -16.20% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LSPD starting from Srinivasan Kady, who proposed sale 3,378 shares at the price of $12.23 back on Sep 09 ’24. After this action, Srinivasan Kady now owns shares of Lightspeed Commerce Inc, valued at $41,326 using the latest closing price.
Stock Fundamentals for LSPD
Current profitability levels for the company are sitting at:
- -0.19 for the present operating margin
- 0.39 for the gross margin
The net margin for Lightspeed Commerce Inc stands at -0.16. The total capital return value is set at -0.08. Equity return is now at value -5.74, with -5.37 for asset returns.
Currently, EBITDA for the company is -49.22 million with net debt to EBITDA at 17.32. When we switch over and look at the enterprise to sales, we see a ratio of 2.09. The receivables turnover for the company is 15.97for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.96.
Conclusion
In summary, Lightspeed Commerce Inc (LSPD) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
