LifeSpeak (TSE:LSPK) Rating Lowered to Underperform at Royal Bank of Canada

Royal Bank of Canada lowered shares of LifeSpeak (TSE:LSPK) from a sector perform rating to an underperform rating in a research note issued to investors on Thursday morning, BayStreet.CA reports. The brokerage currently has C$0.25 target price on the stock, down from their prior target price of C$0.35.

A number of other equities research analysts have also issued reports on LSPK. TD Securities dropped their target price on LifeSpeak from C$0.70 to C$0.60 in a research report on Friday, May 10th. Stifel Nicolaus downgraded shares of LifeSpeak from a buy rating to a hold rating and lowered their price objective for the company from C$0.90 to C$0.60 in a report on Thursday, May 9th.

LifeSpeak Stock Performance

LSPK opened at C$0.45 on Thursday. The company has a debt-to-equity ratio of 411.17, a current ratio of 0.17 and a quick ratio of 0.40. The company has a market capitalization of C$26.32 million, a price-to-earnings ratio of -0.82, a P/E/G ratio of -0.01 and a beta of 0.88. The business’s 50-day moving average price is C$0.44 and its two-hundred day moving average price is C$0.55. LifeSpeak has a 1 year low of C$0.29 and a 1 year high of C$0.76.

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.