LifeSpeak (TSE:LSPK) Trading Up 8.4%

LifeSpeak Inc. (TSE:LSPKGet Rating) rose 8.4% during trading on Tuesday . The company traded as high as C$2.15 and last traded at C$2.07. Approximately 44,705 shares traded hands during trading, a decline of 51% from the average daily volume of 91,664 shares. The stock had previously closed at C$1.91.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Cormark lowered their target price on shares of LifeSpeak from C$3.50 to C$3.00 and set a “buy” rating on the stock in a research note on Thursday, August 4th. Scotiabank lowered their price objective on shares of LifeSpeak from C$7.00 to C$4.00 in a research note on Saturday, June 25th. Royal Bank of Canada lifted their price target on shares of LifeSpeak from C$1.00 to C$1.50 and gave the stock a “sector perform” rating in a research note on Thursday, August 4th. Finally, Stifel Nicolaus cut their price target on LifeSpeak from C$2.75 to C$2.50 in a report on Wednesday, July 27th.

LifeSpeak Trading Up 8.4 %

The company has a debt-to-equity ratio of 150.62, a quick ratio of 0.60 and a current ratio of 0.68. The stock has a market cap of C$105.24 million and a PE ratio of -2.00. The business has a 50-day simple moving average of C$1.73.

About LifeSpeak

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LifeSpeak Inc provides software-as-a-service solutions for digital mental, physical and total wellbeing resources for mid and enterprise-sized organizations in Canada and internationally. The company offers digital educational resources, such as easily consumable videos, podcasts, and tailored articles for depression, stress management, and financial health; and on-demand workout library, automated, and live sessions in areas, including general fitness, mindfulness, cardio, strength, yoga, pre-natal, Pilates, and others.

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