LifeSpeak (TSE:LSPK) Downgraded by Stifel Nicolaus to Hold

LifeSpeak (TSE:LSPK) was downgraded by equities research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, BayStreet.CA reports. They currently have a C$0.60 target price on the stock, down from their previous target price of C$0.90. Stifel Nicolaus’ price target points to a potential downside of 4.76% from the company’s previous close.

Separately, TD Securities boosted their price target on LifeSpeak from C$0.45 to C$0.70 and gave the stock a “hold” rating in a research report on Monday, March 25th.

LifeSpeak Price Performance

TSE LSPK remained flat at C$0.63 during trading on Thursday. The company’s stock had a trading volume of 25,002 shares, compared to its average volume of 17,515. The firm’s fifty day simple moving average is C$0.62 and its 200 day simple moving average is C$0.57. The firm has a market capitalization of C$37.26 million, a PE ratio of -1.21, a P/E/G ratio of -0.01 and a beta of 0.84. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 557.25. LifeSpeak has a 1 year low of C$0.32 and a 1 year high of C$0.76.

About LifeSpeak

LifeSpeak Inc provides software-as-a-service platform for digital mental, physical, and wellbeing resources 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; and 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; It also provides caregiver support services under the Torchlight brand name; and on-demand substance use support services under the ALAViDA brand.