Vitalhub Corp. (TSE:VHI) Receives Average Rating of "Buy" from Brokerages

Shares of Vitalhub Corp. (TSE:VHI - Get Free Report) have received a consensus rating of "Buy" from the seven ratings firms that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$13.25.

VHI has been the subject of a number of analyst reports. National Bankshares set a C$14.00 price objective on Vitalhub and gave the stock an "outperform" rating in a research note on Tuesday, June 10th. National Bank Financial raised Vitalhub to a "strong-buy" rating in a research note on Monday, June 9th. Scotiabank lifted their price objective on Vitalhub from C$14.00 to C$14.50 and gave the stock an "outperform" rating in a research note on Friday, June 20th. TD Securities lifted their price objective on Vitalhub from C$13.00 to C$14.00 and gave the stock a "buy" rating in a research note on Monday, March 31st. Finally, Raymond James Financial lifted their price objective on Vitalhub from C$13.50 to C$14.00 and gave the stock an "outperform" rating in a research note on Friday, June 20th.

Insider Activity

In other Vitalhub news, Director Francis Nelson Shen purchased 25,000 shares of the stock in a transaction on Friday, May 16th. The stock was bought at an average cost of C$10.23 per share, for a total transaction of C$255,750.00. 18.57% of the stock is owned by company insiders.

Vitalhub Stock Up 7.9%

Shares of Vitalhub stock traded up C$0.90 during trading on Friday, reaching C$12.33. 313,405 shares of the company were exchanged, compared to its average volume of 126,498. Vitalhub has a twelve month low of C$6.74 and a twelve month high of C$12.72. The business has a 50-day moving average price of C$10.80 and a 200-day moving average price of C$10.59. The firm has a market capitalization of C$666.96 million, a price-to-earnings ratio of 200.54, a P/E/G ratio of 1.18 and a beta of 1.26.

About Vitalhub

Vitalhub Corp., together with its subsidiaries, provides technology solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally. Its solutions include electronic healthcare record, case management, care coordination and optimization, and patient flow, engagement, and operational visibility solutions.