Dale Murray Acquires 1,886 Shares of Lightspeed Commerce Inc. (TSE:LSPD) Stock

Lightspeed Commerce Inc. (TSE:LSPD - Get Free Report) Director Dale Murray bought 1,886 shares of the business's stock in a transaction that occurred on Friday, May 30th. The shares were acquired at an average cost of C$14.65 per share, for a total transaction of C$27,624.81.

Lightspeed Commerce Stock Up 2.2%

Shares of Lightspeed Commerce stock traded up C$0.31 during trading hours on Monday, hitting C$14.66. The company had a trading volume of 571,527 shares, compared to its average volume of 693,361. The company's 50-day moving average is C$13.54 and its two-hundred day moving average is C$18.15. Lightspeed Commerce Inc. has a twelve month low of C$10.50 and a twelve month high of C$26.60. The company has a debt-to-equity ratio of 0.83, a current ratio of 6.10 and a quick ratio of 6.05. The company has a market cap of C$1.59 billion, a P/E ratio of -13.03 and a beta of 2.69.

Analysts Set New Price Targets

LSPD has been the topic of a number of recent analyst reports. TD Securities dropped their price objective on shares of Lightspeed Commerce from C$19.00 to C$13.00 and set a "hold" rating on the stock in a research report on Friday, February 7th. Raymond James dropped their price objective on shares of Lightspeed Commerce from C$29.00 to C$25.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 25th. Stifel Nicolaus dropped their price objective on shares of Lightspeed Commerce from C$18.00 to C$15.00 and set a "hold" rating on the stock in a research report on Friday, February 7th. CIBC dropped their price objective on shares of Lightspeed Commerce from C$35.00 to C$30.00 and set an "outperform" rating on the stock in a research report on Friday, February 7th. Finally, Scotiabank dropped their price objective on shares of Lightspeed Commerce from C$21.00 to C$19.00 and set an "outperform" rating on the stock in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Lightspeed Commerce currently has an average rating of "Hold" and a consensus price target of C$18.30.

About Lightspeed Commerce

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accepts payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, Netherlands, Australia, and other countries.