VerticalScope Holdings Inc. (TSE:FORA) Receives Average Recommendation of “Hold” from Analysts

Shares of VerticalScope Holdings Inc. (TSE:FORA) have earned a consensus rating of “Hold” from the seven analysts that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$8.25.

Separately, CIBC increased their price objective on VerticalScope from C$4.00 to C$4.50 in a research note on Monday, November 10th.

VerticalScope Stock Up 3.1%

FORA opened at C$3.29 on Friday. The business has a 50 day moving average of C$3.25 and a 200-day moving average of C$3.48. The stock has a market capitalization of C$70.77 million, a price-to-earnings ratio of -13.71 and a beta of 0.68. The company has a current ratio of 1.65, a quick ratio of 0.79 and a debt-to-equity ratio of 55.19. VerticalScope has a 1-year low of C$2.90 and a 1-year high of C$14.75.

VerticalScope (TSE:FORA) last released its earnings results on Thursday, November 6th. The company reported C($0.02) earnings per share for the quarter. VerticalScope had a return on equity of 3.38% and a net margin of 4.06%.The firm had revenue of C$20.45 million for the quarter. As a group, sell-side analysts anticipate that VerticalScope will post 0.3740942 earnings per share for the current year.

VerticalScope Company Profile

VerticalScope Holdings Inc is a technology company that operates a cloud-based digital community platform comprising hyper-focused apps, forums, marketplaces, editorial, and e-commerce rating and brand review websites.