Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Lightspeed Commerce Inc before investing.

In this article, we go over a few key elements for understanding Lightspeed Commerce Inc’s stock price such as:

• Lightspeed Commerce Inc’s current stock price and volume
• Why Lightspeed Commerce Inc’s stock price changed recently
• Upgrades and downgrades for LSPD from analysts
• LSPD’s stock price momentum as measured by its relative strength

About Lightspeed Commerce Inc (LSPD)

Before we jump into Lightspeed Commerce Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Lightspeed Commerce Inc. provides a one-stop commerce platform, which helps merchants to simplify, scale, and provide customer experiences. The Company’s cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks. Its one-stop commerce platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments, and grow their business. The Company's products include retail, e-commerce, restaurant and golf. It offers Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Advanced Reporting, Scanner and others. It also provides POS software, iPad POS system, Cloud POS system and POS cash register. It provides cloud-based Point of Sale systems for retail stores and restaurants. It has customers globally in over 100 countries.

Want to learn more about Lightspeed Commerce Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Lightspeed Commerce Inc.

Lightspeed Commerce Inc’s Stock Price as of Market Close

As of July 24, 2024, 4:00 PM, CST, Lightspeed Commerce Inc’s stock price was $13.12.

Lightspeed Commerce Inc is down 4.51% from its previous closing price of $13.74.

During the last market session, Lightspeed Commerce Inc’s stock traded between $13.72 and $14.02. Currently, there are 154.86 million shares of Lightspeed Commerce Inc stock available for purchase.

Unfortunately, Lightspeed Commerce Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Lightspeed Commerce Inc Stock Price History

Lightspeed Commerce Inc’s (LSPD) price is currently down 4.16% so far this month.

During the month of July, Lightspeed Commerce Inc’s stock price has reached a high of $14.50 and a low of $13.01.

Over the last year, Lightspeed Commerce Inc has hit prices as high as $21.71 and as low as $12.23. Year to date, Lightspeed Commerce Inc’s stock is down 8.25%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Lightspeed Commerce Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of July 23, 2024,, no analysts have changed their rating of Lightspeed Commerce Inc’s stock over the last month.

Additionally, you'll want to evaluate Lightspeed Commerce Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Lightspeed Commerce Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Lightspeed Commerce Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Lightspeed Commerce Inc (LSPD) by visiting AAII Stock Evaluator.

Relative Price Strength of Lightspeed Commerce Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 23, 2024, Lightspeed Commerce Inc has a weighted four-quarter relative price strength of -8.18%, which translates to a Momentum Score of 36 and is considered to be Weak.

Want to learn more about how Lightspeed Commerce Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Lightspeed Commerce Inc Stock Price: Bottom Line

As of July 24, 2024, Lightspeed Commerce Inc’s stock price is $13.12, which is down 4.51% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Lightspeed Commerce Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.