Vitalhub (TSE:VHI) Sets New 1-Year Low – What’s Next?

Vitalhub Corp. (TSE:VHI) reached a new 52-week low during trading on Monday . The company traded as low as C$7.91 and last traded at C$7.93, with a volume of 81640 shares changing hands. The stock had previously closed at C$8.10.

Analyst Ratings Changes

Several brokerages recently weighed in on VHI. Royal Bank Of Canada reduced their price target on shares of Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating on the stock in a research report on Monday, January 26th. Scotiabank dropped their price objective on shares of Vitalhub from C$15.00 to C$12.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Finally, Stifel Nicolaus set a C$15.00 target price on shares of Vitalhub and gave the stock a “buy” rating in a report on Wednesday, October 15th. Two analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$14.33.

Vitalhub Stock Performance

The company has a market cap of C$505.60 million, a PE ratio of 200.25, a price-to-earnings-growth ratio of 1.18 and a beta of 0.83. The company has a fifty day moving average of C$8.90 and a two-hundred day moving average of C$10.46.

Vitalhub (TSE:VHI) last posted its quarterly earnings data on Thursday, November 6th. The company reported C($0.01) EPS for the quarter. Vitalhub had a return on equity of 3.01% and a net margin of 5.11%.The firm had revenue of C$32.04 million for the quarter. On average, equities analysts forecast that Vitalhub Corp. will post 0.2296467 EPS for the current year.

Insider Activity

In other news, Director Francis Nelson Shen acquired 148,700 shares of Vitalhub stock in a transaction that occurred on Tuesday, December 23rd. The shares were bought at an average cost of C$9.05 per share, with a total value of C$1,345,735.00. Following the transaction, the director directly owned 148,700 shares of the company’s stock, valued at C$1,345,735. This trade represents a ∞ increase in their position. Also, Director Anthony Pius Shen acquired 5,470 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The stock was purchased at an average cost of C$9.23 per share, with a total value of C$50,488.10. Following the purchase, the director owned 5,470 shares of the company’s stock, valued at C$50,488.10. The trade was a ∞ increase in their ownership of the stock. Corporate insiders own 18.57% of the company’s stock.

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.