VerticalScope Holdings Inc. (TSE:FORA - Get Free Report) shares were down 2.1% during trading on Monday . The company traded as low as C$3.71 and last traded at C$3.72. Approximately 48,395 shares were traded during trading, a decline of 13% from the average daily volume of 55,417 shares. The stock had previously closed at C$3.80.
Analyst Upgrades and Downgrades
A number of analysts have commented on FORA shares. CIBC decreased their price objective on VerticalScope from C$6.00 to C$5.00 in a report on Thursday, May 22nd. Royal Bank Of Canada lowered VerticalScope from an "outperform" rating to a "sector perform" rating and decreased their price objective for the stock from C$9.00 to C$6.00 in a report on Thursday, May 22nd. National Bankshares decreased their price objective on 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. Beacon Securities decreased their price objective on VerticalScope from C$19.50 to C$12.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Finally, Raymond James Financial decreased their price objective on VerticalScope from C$14.50 to C$9.00 in a report on Wednesday, April 9th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of C$10.45.
Get Our Latest Analysis on FORA
VerticalScope Stock Performance
The stock has a market cap of C$58.45 million, a PE ratio of 20.89 and a beta of -0.02. The company has a fifty day moving average price of C$4.03 and a 200 day moving average price of C$7.09. The company has a quick ratio of 0.79, a current ratio of 1.65 and a debt-to-equity ratio of 55.19.
Insider Activity
In other VerticalScope news, Senior Officer Christopher Michael Goodridge bought 25,000 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The shares were bought at an average cost of C$4.00 per share, with a total value of C$100,000.00. 37.10% of the stock is owned by insiders.
VerticalScope Company Profile
(
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VerticalScope 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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