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VerticalScope (TSE:FORA) Price Target Raised to C$18.00 at TD Securities

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VerticalScope (TSE:FORA - Free Report) had its price target raised by TD Securities from C$17.00 to C$18.00 in a research report released on Friday,BayStreet.CA reports. They currently have a buy rating on the stock.

FORA has been the topic of a number of other research reports. Canaccord Genuity Group lifted their price objective on VerticalScope from C$14.00 to C$17.00 in a report on Thursday, November 14th. National Bankshares lifted their price target on shares of VerticalScope from C$11.50 to C$13.00 in a research report on Thursday, November 14th. Royal Bank of Canada lifted their price target on shares of VerticalScope from C$16.00 to C$17.00 in a research report on Thursday, January 30th. Eight Capital lifted their price target on shares of VerticalScope from C$15.00 to C$18.00 in a research report on Monday, December 2nd. Finally, CIBC lifted their price target on shares of VerticalScope from C$10.00 to C$17.00 in a research report on Monday, February 10th.

Get Our Latest Stock Report on FORA

VerticalScope Stock Performance

FORA traded down C$0.38 during trading on Friday, reaching C$9.70. The company's stock had a trading volume of 65,884 shares, compared to its average volume of 51,699. VerticalScope has a 52-week low of C$6.80 and a 52-week high of C$14.75. The company's fifty day moving average price is C$11.97 and its 200-day moving average price is C$10.05. The company has a market capitalization of C$152.83 million, a price-to-earnings ratio of 54.61 and a beta of -0.02. The company has a debt-to-equity ratio of 55.19, a quick ratio of 0.79 and a current ratio of 1.65.

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Insider Buying and Selling

In other VerticalScope news, Senior Officer Brandon Seibel sold 12,500 shares of VerticalScope stock in a transaction that occurred on Monday, January 20th. The shares were sold at an average price of C$11.00, for a total value of C$137,500.00. Also, Director Rob Laidlaw sold 3,300 shares of the business's stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of C$10.76, for a total transaction of C$35,501.40. Insiders sold 25,550 shares of company stock worth $295,321 in the last ninety days. Insiders own 37.10% of the company's stock.

VerticalScope Company Profile

(Get Free Report)

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.

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