VerticalScope Holdings Inc. (TSE:FORA) Receives C$8.13 Average PT from Brokerages

VerticalScope Holdings Inc. (TSE:FORA) has earned a consensus recommendation of “Hold” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$8.13.

Several research firms have commented on FORA. CIBC increased their price objective on shares of VerticalScope from C$4.00 to C$4.50 in a report on Monday, November 10th. National Bankshares decreased their target price on VerticalScope from C$5.50 to C$4.50 and set a “sector perform” rating on the stock in a research report on Wednesday, January 28th.

VerticalScope Trading Up 2.1%

Shares of FORA opened at C$2.92 on Thursday. The firm has a market cap of C$62.81 million, a P/E ratio of -12.17 and a beta of 1.13. The company has a debt-to-equity ratio of 55.19, a current ratio of 1.65 and a quick ratio of 0.79. VerticalScope has a 1 year low of C$2.82 and a 1 year high of C$14.75. The company has a 50 day simple moving average of C$3.09 and a two-hundred day simple moving average of C$3.33.

VerticalScope (TSE:FORA) last issued its earnings results on Thursday, November 6th. The company reported C($0.02) earnings per share for the quarter. The company had revenue of C$20.45 million for the quarter. VerticalScope had a return on equity of 3.38% and a net margin of 4.06%. On average, equities analysts expect that VerticalScope will post 0.3740942 earnings per share for the current fiscal year.

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.