Vitalhub (TSE:VHI) Price Target Cut to C$12.00 by Analysts at Scotiabank

Vitalhub (TSE:VHI) had its price objective trimmed by Scotiabank from C$15.00 to C$12.00 in a research report report published on Wednesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other analysts also recently issued reports about the stock. Royal Bank Of Canada lowered their price target on shares of Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a research note on Monday, January 26th. Stifel Nicolaus set a C$15.00 price objective on Vitalhub and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Two analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$14.33.

Vitalhub Price Performance

Shares of TSE:VHI opened at C$8.51 on Wednesday. Vitalhub has a one year low of C$7.92 and a one year high of C$14.64. The company’s fifty day moving average price is C$8.99 and its 200-day moving average price is C$10.61. The firm has a market capitalization of C$534.68 million, a price-to-earnings ratio of 212.75, a PEG ratio of 1.18 and a beta of 0.83.

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

Insider Activity at Vitalhub

In other Vitalhub news, Director Anthony Pius Shen acquired 5,470 shares of Vitalhub stock in a transaction that occurred on Tuesday, December 23rd. The stock was bought at an average cost of C$9.23 per share, for a total transaction of C$50,488.10. Following the acquisition, the director owned 5,470 shares of the company’s stock, valued at C$50,488.10. This represents a ∞ increase in their ownership of the stock. Also, Director Francis Nelson Shen purchased 148,700 shares of Vitalhub stock in a transaction dated Tuesday, December 23rd. The stock was bought at an average price of C$9.05 per share, with a total value of C$1,345,735.00. Following the completion of the purchase, 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 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.