VerticalScope Holdings Inc. (TSE:FORA) Receives C$8.25 Average Price Target from Analysts

Shares of VerticalScope Holdings Inc. (TSE:FORA) have earned a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$8.25.

Separately, CIBC increased their price objective on VerticalScope from C$4.00 to C$4.50 in a research note on Monday, November 10th.

VerticalScope Trading Up 0.3%

TSE FORA opened at C$3.38 on Friday. The firm’s 50 day moving average price is C$3.19 and its two-hundred day moving average price is C$3.45. The company has a debt-to-equity ratio of 55.19, a quick ratio of 0.79 and a current ratio of 1.65. VerticalScope has a twelve month low of C$2.90 and a twelve month high of C$14.75. The stock has a market cap of C$72.70 million, a price-to-earnings ratio of -14.08 and a beta of 1.13.

VerticalScope (TSE:FORA) last released its earnings results on Thursday, November 6th. The company reported C($0.02) earnings per share (EPS) for the quarter. VerticalScope had a net margin of 4.06% and a return on equity of 3.38%. The business had revenue of C$20.45 million during the quarter. Equities analysts anticipate that VerticalScope will post 0.3740942 EPS for the current year.

VerticalScope Company Profile

VerticalScope Holdings Inc is a technology company that operates a cloud-based digital community platform comprising hyper-focused apps, forums, marketplaces, editorial, and e-commerce rating and brand review websites.