Cormark Lowers LifeSpeak (TSE:LSPK) Price Target to C$0.50

LifeSpeak (TSE:LSPK) had its target price lowered by investment analysts at Cormark from C$0.70 to C$0.50 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. Cormark’s price target points to a potential upside of 36.99% from the company’s current price.

Separately, Royal Bank of Canada lowered their price target on LifeSpeak from C$0.60 to C$0.50 and set a “sector perform” rating on the stock in a report on Thursday, August 10th.

LifeSpeak Price Performance

TSE:LSPK opened at C$0.37 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.40 and a debt-to-equity ratio of 261.09. The stock has a 50 day moving average of C$0.47 and a two-hundred day moving average of C$0.50. The firm has a market cap of C$18.58 million, a P/E ratio of -0.57, a price-to-earnings-growth ratio of -0.01 and a beta of -0.03. LifeSpeak has a 12 month low of C$0.32 and a 12 month high of C$1.21.

About LifeSpeak

LifeSpeak Inc provides software-as-a-service platform for digital mental, physical, and wellbeing resources for mid and enterprise-sized organizations in Canada and the United States. The company offers digital educational resources, such as easily consumable videos, podcasts, and articles for depression, stress management, and financial health; on-demand workout library, and automated and live sessions in various areas, including general fitness, mindfulness, cardio, strength, yoga, pre-natal, Pilates, and others under the Wellbeats and LIFT session brands; caregiver support services under the Torchlight brand name; and on-demand substance use support services under the ALAViDA brand.