VerticalScope (TSE:FORA) Price Target Lowered to C$4.25 at National Bank Financial

VerticalScope (TSE:FORA) had its target price cut by National Bank Financial from C$4.50 to C$4.25 in a report released on Friday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other research analysts also recently commented on the stock. Raymond James Financial lowered their price objective on shares of VerticalScope from C$7.50 to C$5.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. TD Securities lowered their price objective on shares of VerticalScope from C$4.00 to C$3.00 and set a “hold” rating on the stock in a research report on Thursday, March 5th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, VerticalScope has an average rating of “Hold” and an average target price of C$4.63.

VerticalScope Stock Performance

Shares of FORA opened at C$2.66 on Friday. The company’s 50 day moving average price is C$2.89 and its 200 day moving average price is C$3.02. VerticalScope has a 52 week low of C$2.40 and a 52 week high of C$4.75. The company has a market capitalization of C$57.67 million, a PE ratio of -7.19 and a beta of 0.33. The company has a debt-to-equity ratio of 62.67, a quick ratio of 0.79 and a current ratio of 2.62.

VerticalScope (TSE:FORA) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C($0.19) EPS for the quarter. VerticalScope had a negative net margin of 15.53% and a negative return on equity of 11.51%. The company had revenue of C$16.07 million for the quarter. Research analysts expect that VerticalScope will post 0.3740942 EPS for the current fiscal 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.