VerticalScope (TSE:FORA) Stock Price Up 0.6%

Shares of VerticalScope Holdings Inc. (TSE:FORA) were up 0.6% on Tuesday . The company traded as high as C$7.01 and last traded at C$7.01. Approximately 29,840 shares changed hands during trading, an increase of 34% from the average daily volume of 22,326 shares. The stock had previously closed at C$6.97.

Analyst Ratings Changes

FORA has been the topic of a number of recent research reports. Cormark upped their target price on VerticalScope from C$9.25 to C$12.70 in a research report on Tuesday, March 26th. TD Securities upgraded VerticalScope from a “buy” rating to an “action list buy” rating and upped their target price for the company from C$7.50 to C$12.00 in a research report on Friday, March 15th. CIBC upgraded VerticalScope from a “neutral” rating to an “outperform” rating and upped their target price for the company from C$6.00 to C$9.00 in a research report on Friday, March 15th. Raymond James upped their target price on VerticalScope from C$8.00 to C$9.00 in a research report on Thursday, March 14th. Finally, Royal Bank of Canada upped their price objective on VerticalScope from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research report on Friday, March 15th.

VerticalScope Stock Up 0.6 %

The firm has a 50-day moving average price of C$5.88 and a two-hundred day moving average price of C$5.27. The firm has a market cap of C$131.02 million, a price-to-earnings ratio of -21.91 and a beta of 0.03. The company has a debt-to-equity ratio of 76.25, a quick ratio of 0.79 and a current ratio of 1.91.

VerticalScope Company Profile

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 offers 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.