Vitalhub (TSE:VHI) Trading Up 0.7% – What’s Next?

Vitalhub Corp. (TSE:VHI) was up 0.7% during trading on Tuesday . The company traded as high as C$9.20 and last traded at C$9.14. Approximately 388,970 shares changed hands during mid-day trading, an increase of 145% from the average daily volume of 158,735 shares. The stock had previously closed at C$9.08.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Stifel Canada upgraded shares of Vitalhub to a “strong-buy” rating in a research report on Tuesday, October 14th. Royal Bank Of Canada set a C$15.00 target price on Vitalhub and gave the stock a “moderate buy” rating in a report on Thursday, September 18th. Finally, Stifel Nicolaus set a C$15.00 price target on Vitalhub and gave the company a “buy” rating in a research report on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$14.86.

Vitalhub Price Performance

The stock has a market capitalization of C$574.27 million, a price-to-earnings ratio of 228.50, a PEG ratio of 1.18 and a beta of 0.72. The business has a fifty day moving average of C$9.68 and a 200 day moving average of C$11.14.

Vitalhub (TSE:VHI) last posted its earnings results on Thursday, November 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. Vitalhub had a return on equity of 3.01% and a net margin of 5.11%.The business had revenue of C$32.04 million for the quarter. On average, equities research analysts expect that Vitalhub Corp. will post 0.2296467 EPS for the current year.

About Vitalhub

Vitalhub Corp is Canada-based firm that develops technology solutions for health and human services providers in the mental health (child through adult), long term care, community health service, home health, social service, and acute care sectors. Its technologies include blockchain, mobile, patient flow, web-based assessment, and electronic health record solutions.