VerticalScope Holdings Inc. (TSE:FORA - Get Free Report) shares were down 0.6% during trading on Monday . The company traded as low as C$7.95 and last traded at C$7.96. Approximately 18,102 shares were traded during trading, a decline of 18% from the average daily volume of 22,146 shares. The stock had previously closed at C$8.00.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the company. CIBC lowered VerticalScope from an "outperform" rating to a "neutral" rating and cut their target price for the company from C$12.00 to C$9.00 in a report on Tuesday, October 15th. TD Securities boosted their target price on VerticalScope from C$15.00 to C$16.00 in a report on Friday, August 9th.
View Our Latest Stock Analysis on VerticalScope
VerticalScope Price Performance
The company has a current ratio of 1.80, a quick ratio of 0.79 and a debt-to-equity ratio of 63.66. The firm has a market capitalization of C$151.75 million, a price-to-earnings ratio of 113.64 and a beta of -0.02. The company's 50 day moving average is C$8.25 and its 200-day moving average is C$8.66.
Insider Buying and Selling at VerticalScope
In related news, Director Rob Laidlaw sold 50,000 shares of the firm's stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of C$9.00, for a total value of C$450,000.00. In other news, Director Rob Laidlaw sold 50,000 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of C$9.00, for a total value of C$450,000.00. Also, Senior Officer Christopher Michael Goodridge acquired 5,000 shares of the firm's stock in a transaction dated Wednesday, September 11th. The shares were purchased at an average price of C$8.54 per share, with a total value of C$42,700.00. Insiders have sold a total of 79,900 shares of company stock valued at $727,906 in the last ninety days. 37.10% of the stock is currently owned by corporate insiders.
About VerticalScope
(
Get Free Report)
VerticalScope Holdings Inc, a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, and internationally. The company provides digital advertising services comprising direct advertising campaigns serve primarily in original equipment manufacturers, retailers, and insurance providers; programmatic advertising which includes the monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including product reviews, articles, e-mail features, and short videos; and provides e-commerce solutions.
Featured Articles
Before you consider VerticalScope, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VerticalScope wasn't on the list.
While VerticalScope currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
