VerticalScope Holdings Inc. (TSE:FORA) Given Average Rating of “Hold” by Analysts

Shares of VerticalScope Holdings Inc. (TSE:FORA) have earned a consensus rating of “Hold” from the seven research firms that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$8.13.

FORA has been the subject of several research reports. Canadian Imperial Bank of Commerce lifted their price target on VerticalScope from C$4.00 to C$4.50 in a research note on Monday, November 10th. National Bank Financial dropped their target price on shares of VerticalScope from C$5.50 to C$4.50 and set a “sector perform” rating for the company in a report on Wednesday, January 28th.

VerticalScope Trading Up 1.6%

Shares of VerticalScope stock opened at C$2.54 on Monday. The firm has a market cap of C$54.64 million, a price-to-earnings ratio of -10.58 and a beta of 0.68. VerticalScope has a 52-week low of C$2.42 and a 52-week high of C$13.80. The company’s 50-day simple moving average is C$2.99 and its 200-day simple moving average is C$3.21. The company has a quick ratio of 0.79, a current ratio of 1.65 and a debt-to-equity ratio of 55.19.

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.