Analysts Set Vitalhub Corp. (TSE:VHI) Price Target at C$14.75

Shares of Vitalhub Corp. (TSE:VHI) have been assigned a consensus recommendation of “Buy” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$14.75.

A number of equities analysts have recently commented on VHI shares. Royal Bank Of Canada dropped their target price on Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a report on Monday. Stifel Nicolaus set a C$15.00 price objective on shares of Vitalhub and gave the stock a “buy” rating in a research note on Wednesday, October 15th.

Vitalhub Stock Up 1.1%

Shares of TSE:VHI opened at C$8.94 on Monday. The firm has a fifty day simple moving average of C$9.06 and a two-hundred day simple moving average of C$10.74. Vitalhub has a 52 week low of C$8.25 and a 52 week high of C$14.64. The stock has a market capitalization of C$561.70 million, a P/E ratio of 223.50, a PEG ratio of 1.18 and a beta of 0.98.

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

Insider Activity

In other news, Director Anthony Pius Shen acquired 5,470 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The stock was acquired at an average price of C$9.23 per share, with a total value of C$50,488.10. Following the completion of the purchase, the director directly owned 5,470 shares in the company, valued at approximately C$50,488.10. This trade represents a ∞ increase in their ownership of the stock. Also, Director Francis Nelson Shen bought 148,700 shares of the company’s stock in a transaction on Tuesday, December 23rd. The shares were acquired at an average price of C$9.05 per share, with a total value of C$1,345,735.00. Following the transaction, the director directly owned 148,700 shares of the company’s stock, valued at approximately C$1,345,735. This trade represents a ∞ increase in their ownership of the stock. 18.57% of the stock is currently owned by company insiders.

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.