Lightspeed Commerce Inc (NYSE: LSPD) is -19.25% lower on its value in year-to-date trading and has touched a low of $11.01 and a high of $21.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LSPD stock was last observed hovering at around $15.76 in the last trading session, with the day’s gains setting it 1.19%.
Currently trading at $16.95, the stock is 9.51% and 15.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.84 million and changing 7.55% at the moment leaves the stock 19.24% off its SMA200. LSPD registered 11.44% gain for a year compared to 6-month gain of 26.12%. The firm has a 50-day simple moving average (SMA 50) of $14.6442 and a 200-day simple moving average (SMA200) of $14.21995.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 6.07% loss in the last 1 month and extending the period to 3 months gives it a 36.36%, and is 12.10% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.63% over the week and 2.61% over the month.
Lightspeed Commerce Inc (LSPD) has around 3000 employees, a market worth around $3.58B and $966.28M in sales. Fwd P/E is 30.33. Profit margin for the company is -15.55%. Distance from 52-week low is 53.95% and -21.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.35%).
The EPS is expected to grow by 154.33% this year
218.0 institutions hold shares in Lightspeed Commerce Inc (LSPD), with institutional investors hold 70.43% of the company’s shares. The shares outstanding are 153.55M, and float is at 136.36M with Short Float at 3.51%. Institutions hold 63.44% of the Float.
The top institutional shareholder in the company is CAISSE DE DEPOT ET PLACEMENT DU QUEBEC with over 24.29 million shares valued at $331.9 million. The investor’s holdings represent 15.6823 of the LSPD Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 17.66 million shares valued at $241.39 million to account for 11.4033 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.21 million shares representing 3.3625 and valued at over $71.29 million, while ARTISAN PARTNERS LIMITED PARTNERSHIP holds 3.1798 of the shares totaling 4.92 million with a market value of $67.32 million.
