Vitalhub (TSE:VHI) Hits New 52-Week High - Still a Buy?

Shares of Vitalhub Corp. (TSE:VHI - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$12.76 and last traded at C$12.53, with a volume of 31268 shares traded. The stock had previously closed at C$12.45.

Wall Street Analyst Weigh In

Several equities research analysts have commented on VHI shares. Scotiabank boosted their target price on shares of Vitalhub from C$14.00 to C$14.50 and gave the stock an "outperform" rating in a research report on Friday, June 20th. National Bank Financial upgraded shares of Vitalhub to a "strong-buy" rating in a research report on Monday, June 9th. TD Securities boosted their target price on shares of Vitalhub from C$13.00 to C$14.00 and gave the stock a "buy" rating in a research report on Monday, March 31st. Raymond James Financial boosted their target price on shares of Vitalhub from C$13.50 to C$14.00 and gave the stock an "outperform" rating in a research report on Friday, June 20th. Finally, National Bankshares set a C$14.00 target price on shares of Vitalhub and gave the stock an "outperform" rating in a research report on Tuesday, June 10th. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Vitalhub currently has an average rating of "Buy" and a consensus price target of C$13.25.

Vitalhub Stock Performance

The firm's 50-day moving average is C$10.90 and its 200 day moving average is C$10.64. The firm has a market capitalization of C$669.12 million, a PE ratio of 201.19, a price-to-earnings-growth ratio of 1.18 and a beta of 1.26.

Insider Activity at Vitalhub

In other Vitalhub news, Director Francis Nelson Shen acquired 25,000 shares of the firm's stock in a transaction that occurred on Friday, May 16th. The shares were acquired 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 corporate insiders.

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.