LifeSpeak (TSE:LSPK) Cut to “Hold” at Stifel Nicolaus

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

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

LifeSpeak Stock Performance

Shares of LSPK stock remained flat at C$0.63 on Thursday. The stock had a trading volume of 25,002 shares, compared to its average volume of 17,515. LifeSpeak has a twelve month low of C$0.32 and a twelve month high of C$0.76. The company has a quick ratio of 0.40, a current ratio of 0.60 and a debt-to-equity ratio of 557.25. The company has a market capitalization of C$37.26 million, a P/E ratio of -1.21, a P/E/G ratio of -0.01 and a beta of 0.84. The company has a 50-day moving average of C$0.62 and a 200 day moving average of C$0.57.

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.