VerticalScope Holdings Inc. (TSE:FORA - Get Free Report) has earned an average rating of "Hold" from the seven research firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$10.45.
A number of equities research analysts recently commented on the stock. TD Securities reduced their price objective on shares of VerticalScope from C$6.00 to C$4.50 and set a "hold" rating for the company in a research report on Thursday, May 22nd. Royal Bank Of Canada downgraded shares of VerticalScope from an "outperform" rating to a "sector perform" rating and reduced their price objective for the company from C$9.00 to C$6.00 in a research report on Thursday, May 22nd. Raymond James Financial dropped their target price on shares of VerticalScope from C$14.50 to C$9.00 in a report on Wednesday, April 9th. National Bankshares dropped their target price on shares of VerticalScope from C$9.00 to C$8.00 and set a "sector perform" rating for the company in a report on Thursday, May 22nd. Finally, Canaccord Genuity Group dropped their target price on shares of VerticalScope from C$10.00 to C$6.00 and set a "speculative buy" rating for the company in a report on Thursday, May 22nd.
View Our Latest Research Report on FORA
VerticalScope Stock Performance
Shares of FORA traded up C$0.02 during mid-day trading on Friday, hitting C$3.95. 17,065 shares of the company's stock were exchanged, compared to its average volume of 59,254. VerticalScope has a fifty-two week low of C$3.85 and a fifty-two week high of C$14.75. The firm has a market capitalization of C$62.23 million, a P/E ratio of 22.24 and a beta of -0.02. The business's 50 day moving average is C$4.18 and its two-hundred day moving average is C$7.80. The company has a current ratio of 1.65, a quick ratio of 0.79 and a debt-to-equity ratio of 55.19.
Insider Buying and Selling at VerticalScope
In other VerticalScope news, Senior Officer Christopher Michael Goodridge acquired 25,000 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was acquired at an average price of C$4.00 per share, with a total value of C$100,000.00. 37.10% of the stock is currently owned by corporate insiders.
About VerticalScope
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Get Free ReportVerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope's mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.
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