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

by · The Cerbat Gem

VerticalScope Holdings Inc. (TSE:FORA – Get Free Report) has earned an average rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$8.25.

Several research analysts have recently commented on FORA shares. TD Securities reduced their price target on VerticalScope from C$4.50 to C$4.00 and set a “hold” rating on the stock in a report on Thursday, August 14th. CIBC boosted their target price on shares of VerticalScope from C$4.00 to C$4.50 in a report on Monday, November 10th. Finally, National Bankshares cut their price target on shares of VerticalScope from C$6.50 to C$5.50 and set a “sector perform” rating for the company in a report on Thursday, August 14th.

Get Our Latest Analysis on VerticalScope

VerticalScope Trading Up 2.0%

Shares of VerticalScope stock opened at C$3.10 on Wednesday. The company has a debt-to-equity ratio of 55.19, a current ratio of 1.65 and a quick ratio of 0.79. The stock’s 50 day simple moving average is C$3.38 and its 200-day simple moving average is C$3.60. The stock has a market cap of C$66.68 million, a P/E ratio of -12.92 and a beta of 0.68. VerticalScope has a 1-year low of C$2.90 and a 1-year high of C$14.75.

VerticalScope (TSE:FORA – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported C($0.02) EPS for the quarter. The company had revenue of C$20.45 million during the quarter. VerticalScope had a net margin of 4.06% and a return on equity of 3.38%. Analysts predict that VerticalScope will post 0.3740942 EPS for the current fiscal year.

VerticalScope Company Profile

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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.

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