Brokerages Set Vitalhub Corp. (TSE:VHI) Price Target at C$14.43

Vitalhub Corp. (TSE:VHI) has earned a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$14.43.

Several equities research analysts recently weighed in on VHI shares. Scotiabank decreased their price objective on Vitalhub from C$15.00 to C$12.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Royal Bank Of Canada dropped their price objective on shares of Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating on the stock in a report on Monday, January 26th. Finally, ATB Cormark Capital Markets cut their target price on shares of Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating for the company in a research report on Tuesday, March 10th.

Insider Buying and Selling

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 acquired at an average cost of C$9.23 per share, for a total transaction of C$50,488.10. Following the purchase, the director owned 5,470 shares of the company’s stock, valued at approximately C$50,488.10. This represents a ∞ increase in their ownership of the stock. Also, Director Francis Nelson Shen bought 148,700 shares of the stock in a transaction on Tuesday, December 23rd. The shares were acquired at an average cost of C$9.05 per share, for a total transaction of C$1,345,735.00. Following the acquisition, the director directly owned 148,700 shares in the company, valued at approximately C$1,345,735. This trade represents a ∞ increase in their ownership of the stock. Corporate insiders own 18.57% of the company’s stock.

Vitalhub Trading Down 9.2%

Shares of TSE VHI opened at C$7.00 on Tuesday. The stock has a fifty day simple moving average of C$8.30 and a two-hundred day simple moving average of C$9.53. Vitalhub has a 1-year low of C$6.67 and a 1-year high of C$14.64. The firm has a market cap of C$441.85 million, a price-to-earnings ratio of 175.00, a price-to-earnings-growth ratio of 1.18 and a beta of 0.65.

Vitalhub (TSE:VHI) last issued its earnings results on Wednesday, March 18th. The company reported C$0.06 earnings per share (EPS) for the quarter. Vitalhub had a return on equity of 1.47% and a net margin of 2.88%.The firm had revenue of C$31.39 million for the quarter. Analysts forecast that Vitalhub will post 0.2296467 EPS for the current year.

Vitalhub Company Profile

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.