Canaccord Genuity Group Issues Pessimistic Forecast for LifeSpeak (TSE:LSPK) Stock Price

LifeSpeak (TSE:LSPK) had its price target dropped by equities researchers at Canaccord Genuity Group from C$0.40 to C$0.30 in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock.

LifeSpeak Stock Performance

The company’s 50 day moving average is C$0.33 and its 200-day moving average is C$0.39. The company has a debt-to-equity ratio of 671.99, a current ratio of 0.09 and a quick ratio of 0.40. The firm has a market capitalization of C$18.50 million, a price-to-earnings ratio of -0.68, a P/E/G ratio of -0.01 and a beta of 0.94. LifeSpeak has a 52-week low of C$0.27 and a 52-week high of C$0.68.

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.