LifeSpeak (TSE:LSPK) Stock Price Down 2.3% – Time to Sell?

LifeSpeak Inc. (TSE:LSPK) shares were down 2.3% on Tuesday . The company traded as low as C$0.43 and last traded at C$0.43. Approximately 1,501 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 13,497 shares. The stock had previously closed at C$0.44.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on LSPK. TD Securities cut their price objective on shares of LifeSpeak from C$0.60 to C$0.50 in a research report on Thursday, August 15th. Royal Bank of Canada lowered shares of LifeSpeak from a “sector perform” rating to an “underperform” rating and cut their price objective for the stock from C$0.35 to C$0.25 in a research report on Thursday, August 15th.

LifeSpeak Stock Performance

The firm has a market cap of C$25.43 million, a P/E ratio of -0.93, a price-to-earnings-growth ratio of -0.01 and a beta of 0.94. The stock’s 50-day moving average price is C$0.45 and its 200 day moving average price is C$0.53. The company has a debt-to-equity ratio of 459.59, a current ratio of 0.14 and a quick ratio of 0.40.

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.