Vitalhub (TSE:VHI) Sets New 52-Week Low – Should You Sell?

Shares of Vitalhub Corp. (TSE:VHI) reached a new 52-week low on Thursday . The stock traded as low as C$6.49 and last traded at C$6.56, with a volume of 138529 shares trading hands. The stock had previously closed at C$6.67.

Wall Street Analyst Weigh In

Separately, National Bank Financial dropped their target price on shares of Vitalhub from C$14.00 to C$11.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to data from MarketBeat.com, Vitalhub currently has a consensus rating of “Buy” and an average target price of C$13.14.

Vitalhub Stock Down 2.7%

The stock has a 50 day simple moving average of C$7.19 and a 200 day simple moving average of C$7.74. The company has a market capitalization of C$410.56 million, a price-to-earnings ratio of 54.08, a P/E/G ratio of 1.18 and a beta of 0.91.

Vitalhub (TSE:VHI) last posted its earnings results on Thursday, May 7th. The company reported C$0.04 EPS for the quarter. The company had revenue of C$31.91 million during the quarter. Vitalhub had a return on equity of 2.98% and a net margin of 6.13%. As a group, analysts forecast that Vitalhub Corp. will post 0.2296467 EPS for the current year.

About Vitalhub

VitalHub is a leading software company dedicated to empowering health and human services providers globally. VitalHub’s comprehensive product suite includes electronic health records, operational intelligence, and workforce automation solutions that serve over 1,300 clients across the UK, Canada, and other geographies. The Company has a robust two-pronged growth strategy, targeting organic opportunities within its product suite and pursuing an aggressive M&A plan. VitalHub is headquartered in Toronto with over 700 employees globally, across key regions and the VitalHub Innovations Lab in Sri Lanka.