VerticalScope Holdings Inc. (TSE:FORA - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$12.91 and last traded at C$12.90, with a volume of 14710 shares. The stock had previously closed at C$12.00.
Analyst Upgrades and Downgrades
A number of brokerages have commented on FORA. CIBC lifted their target price on VerticalScope from C$9.00 to C$10.00 in a research note on Thursday, November 14th. National Bankshares raised their target price on VerticalScope from C$11.50 to C$13.00 in a research note on Thursday, November 14th. Royal Bank of Canada increased their price objective on shares of VerticalScope from C$16.00 to C$17.00 in a report on Thursday, January 30th. Canaccord Genuity Group boosted their target price on shares of VerticalScope from C$14.00 to C$17.00 in a research note on Thursday, November 14th. Finally, Raymond James upped their target price on shares of VerticalScope from C$11.50 to C$13.00 in a research report on Wednesday, November 13th.
View Our Latest Research Report on FORA
VerticalScope Price Performance
The company has a market capitalization of C$249.88 million, a PE ratio of 191.71 and a beta of -0.02. 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 stock has a 50 day moving average price of C$11.06 and a two-hundred day moving average price of C$9.38.
Insider Activity
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 stock was sold at an average price of C$11.00, for a total value of C$137,500.00. Also, Director Rob Laidlaw sold 8,500 shares of the company's stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of C$12.62, for a total value of C$107,270.00. In the last 90 days, insiders have sold 26,400 shares of company stock worth $304,926. 37.10% of the stock is owned by corporate insiders.
VerticalScope Company Profile
(
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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.
Further Reading
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