Royal Bank of Canada Issues Pessimistic Forecast for LifeSpeak (TSE:LSPK) Stock Price

LifeSpeak (TSE:LSPK) had its price target cut by equities researchers at Royal Bank of Canada from C$0.20 to C$0.10 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has an “underperform” rating on the stock.

Separately, Canaccord Genuity Group dropped their price target on shares of LifeSpeak from C$0.40 to C$0.30 and set a “hold” rating on the stock in a research note on Tuesday.

LifeSpeak Price Performance

LifeSpeak has a one year low of C$0.27 and a one year high of C$0.68. The company has a debt-to-equity ratio of 671.99, a quick ratio of 0.40 and a current ratio of 0.09. The company has a 50-day moving average price of C$0.33 and a two-hundred day moving average price of C$0.39. The company has a market capitalization of C$18.50 million, a price-to-earnings ratio of -0.68, a PEG ratio of -0.01 and a beta of 0.94.

About LifeSpeak

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.