Rob Laidlaw Sells 8,500 Shares of VerticalScope Holdings Inc. (TSE:FORA) Stock

VerticalScope Holdings Inc. (TSE:FORA) Director Rob Laidlaw sold 8,500 shares of the stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of C$12.62, for a total value of C$107,270.00.

Rob Laidlaw also recently made the following trade(s):

• On Wednesday, January 8th, Rob Laidlaw sold 3,300 shares of VerticalScope stock. The shares were sold at an average price of C$10.76, for a total value of C$35,501.40.

VerticalScope Trading Down 0.5 %

Shares of TSE FORA opened at C$12.12 on Wednesday. The company has a debt-to-equity ratio of 63.66, a quick ratio of 0.79 and a current ratio of 1.80. The business’s 50 day moving average price is C$10.45 and its 200-day moving average price is C$9.19. VerticalScope Holdings Inc. has a fifty-two week low of C$4.01 and a fifty-two week high of C$12.77. The company has a market cap of C$225.67 million, a price-to-earnings ratio of 173.14 and a beta of -0.02.

Analysts Set New Price Targets

FORA has been the subject of several analyst reports. TD Securities raised their price objective on VerticalScope from C$16.00 to C$17.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Royal Bank of Canada raised their price objective on VerticalScope from C$15.00 to C$16.00 in a research note on Thursday, November 14th. Canaccord Genuity Group raised their price objective on VerticalScope from C$14.00 to C$17.00 in a research note on Thursday, November 14th. National Bankshares raised their price objective on VerticalScope from C$11.50 to C$13.00 in a research note on Thursday, November 14th. Finally, Eight Capital raised their price objective on VerticalScope from C$15.00 to C$18.00 in a research note on Monday, December 2nd.

VerticalScope Company Profile

VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.