Steve Garrington Sells 20,000 Shares of Vitalhub (TSE:VHI) Stock

Vitalhub Corp. (TSE:VHI) Director Steve Garrington sold 20,000 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of C$12.90, for a total transaction of C$258,000.00. Following the completion of the transaction, the director owned 60,000 shares of the company’s stock, valued at C$774,000. This represents a 25.00% decrease in their position.

Vitalhub Price Performance

TSE VHI opened at C$11.37 on Thursday. Vitalhub Corp. has a 1 year low of C$7.97 and a 1 year high of C$14.64. The company has a market capitalization of C$714.38 million, a PE ratio of 142.13, a P/E/G ratio of 1.18 and a beta of 0.93. The company has a fifty day moving average of C$12.66 and a two-hundred day moving average of C$11.06.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. National Bank Financial upgraded shares of Vitalhub to a “strong-buy” rating in a research note on Monday, June 9th. Scotiabank increased 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 note on Friday, June 20th. TD Securities increased their target price on shares of Vitalhub from C$15.00 to C$16.00 and gave the stock a “buy” rating in a research note on Monday, August 11th. National Bankshares set a C$16.00 target price on shares of Vitalhub and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Raymond James Financial increased their target price on shares of Vitalhub from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$14.08.

Vitalhub Company Profile

Vitalhub Corp is Canada-based firm that develops technology solutions for health and human services providers in the mental health (child through adult), long term care, community health service, home health, social service, and acute care sectors. Its technologies include blockchain, mobile, patient flow, web-based assessment, and electronic health record solutions.