Vitalhub (TSE:VHI) Stock Price Down 1.5% - Here's Why

Vitalhub Corp. (TSE:VHI - Get Free Report)'s stock price dropped 1.5% during mid-day trading on Friday . The company traded as low as C$10.45 and last traded at C$10.78. Approximately 184,327 shares were traded during trading, an increase of 10% from the average daily volume of 167,340 shares. The stock had previously closed at C$10.94.

Analysts Set New Price Targets

A number of analysts recently issued reports on VHI shares. TD Securities raised Vitalhub to a "strong-buy" rating in a report on Monday, November 25th. Cormark raised their price objective on shares of Vitalhub from C$9.50 to C$10.50 and gave the company a "buy" rating in a research report on Wednesday, October 2nd.

Vitalhub Stock Down 1.5 %

The firm has a market capitalization of C$548.16 million, a PE ratio of 98.00, a PEG ratio of 1.18 and a beta of 1.26. The company has a 50-day moving average of C$10.91 and a 200 day moving average of C$9.16.

About Vitalhub

Vitalhub Corp., together with its subsidiaries, provides technology solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally. Its solutions include electronic healthcare record, case management, care coordination and optimization, and patient flow, engagement, and operational visibility solutions.