LifeSpeak (TSE:LSPK) Trading Down 1.6% – Here’s Why

LifeSpeak Inc. (TSE:LSPK) shares dropped 1.6% during mid-day trading on Thursday . The company traded as low as C$0.32 and last traded at C$0.32. Approximately 500 shares were traded during trading, a decline of 96% from the average daily volume of 13,380 shares. The stock had previously closed at C$0.32.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on LSPK shares. TD Securities dropped their price objective on shares of LifeSpeak from C$0.35 to C$0.30 and set a “hold” rating for the company in a research note on Tuesday, April 1st. Canaccord Genuity Group upped their price target on shares of LifeSpeak from C$0.30 to C$0.32 in a research report on Monday, April 21st. Finally, Royal Bank Of Canada dropped their target price on LifeSpeak from C$0.20 to C$0.10 and set an “underperform” rating for the company in a research report on Tuesday, April 1st.

LifeSpeak Trading Down 1.6%

The company has a current ratio of 0.09, a quick ratio of 0.40 and a debt-to-equity ratio of 671.99. The firm has a market capitalization of C$19.76 million, a P/E ratio of -0.73, a PEG ratio of -0.01 and a beta of 0.94. The business has a 50 day moving average of C$0.29 and a 200-day moving average of C$0.35.

LifeSpeak Company Profile

LifeSpeak Inc provides software-as-a-service platform for digital mental, physical, and wellbeing resources worldwide. It offers digital educational resources, such as consumable videos, podcasts, and articles for depression, stress management, and financial health; and on-demand workout library, and automated and live sessions in various areas, including general fitness, nutrition, mindfulness, cardio, strength, yoga, pre-natal, pilates, etc.