Vitalhub (TSE:VHI) Hits New 52-Week High - What's Next?

Key Points

• Vitalhub Corp. reached a new 52-week high of C$14.49, with a trading volume of 260,520 shares, indicating strong investor interest.
• Several analysts have raised their price targets for Vitalhub, with Scotiabank at C$14.50 and Raymond James at C$14.00, both suggesting an "outperform" rating.
• The stock has a market capitalization of C$755.13 million and is currently rated as a "Buy" by six investment analysts, with one rating it a "strong buy."

Vitalhub Corp. (TSE:VHI - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$14.49 and last traded at C$14.49, with a volume of 260520 shares traded. The stock had previously closed at C$13.59.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Scotiabank lifted their price target 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. Raymond James Financial boosted their price objective on shares of Vitalhub from C$13.50 to C$14.00 and gave the company an "outperform" rating in a research report on Friday, June 20th. National Bankshares set a C$14.00 target price on Vitalhub and gave the company an "outperform" rating in a research note on Tuesday, June 10th. Finally, National Bank Financial raised shares of Vitalhub to a "strong-buy" rating in a research note on Monday, June 9th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of C$13.25.

Vitalhub Price Performance

The stock has a market capitalization of C$755.13 million, a price-to-earnings ratio of 227.05, a price-to-earnings-growth ratio of 1.18 and a beta of 1.26. The firm has a fifty day moving average of C$11.77 and a 200 day moving average of C$10.87.

Insider Buying and Selling at Vitalhub

In related news, Director Francis Nelson Shen purchased 25,000 shares of the firm's stock in a transaction that occurred on Friday, May 16th. The shares were purchased at an average cost of C$10.23 per share, with a total value of C$255,750.00. 18.57% of the stock is currently owned by 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.

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