Shares of VerticalScope Holdings Inc. (TSE:FORA - Get Free Report) have been given a consensus rating of "Hold" by the seven brokerages that are presently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is C$10.45.
A number of brokerages recently issued reports on FORA. CIBC lowered their price target on VerticalScope from C$6.00 to C$5.00 in a research report on Thursday, May 22nd. Canaccord Genuity Group lowered their price target on VerticalScope from C$10.00 to C$6.00 and set a "speculative buy" rating for the company in a research report on Thursday, May 22nd. TD Securities lowered their price target on 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. Beacon Securities lowered their price target on VerticalScope from C$19.50 to C$12.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Finally, National Bankshares lowered their price target on VerticalScope from C$9.00 to C$8.00 and set a "sector perform" rating for the company in a research report on Thursday, May 22nd.
Check Out Our Latest Report on VerticalScope
VerticalScope Price Performance
Shares of FORA stock traded down C$0.02 on Friday, reaching C$3.98. The company's stock had a trading volume of 47,011 shares, compared to its average volume of 60,246. The stock's fifty day simple moving average is C$4.21 and its 200-day simple moving average is C$7.89. VerticalScope has a 1 year low of C$3.85 and a 1 year high of C$14.75. The company has a current ratio of 1.65, a quick ratio of 0.79 and a debt-to-equity ratio of 55.19. The company has a market capitalization of C$62.71 million, a price-to-earnings ratio of 22.41 and a beta of -0.02.
Insider Buying and Selling at VerticalScope
In other VerticalScope news, Senior Officer Christopher Michael Goodridge purchased 25,000 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were acquired at an average price of C$4.00 per share, for a total transaction of C$100,000.00. Insiders own 37.10% of the company's stock.
VerticalScope Company Profile
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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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