Vitalhub Corp. (TSE:VHI) Given Consensus Recommendation of “Buy” by Brokerages

Vitalhub Corp. (TSE:VHI) has been given a consensus recommendation of “Buy” by the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$13.14.

A number of brokerages have weighed in on VHI. Raymond James Financial lowered their price objective on Vitalhub from C$15.00 to C$11.00 and set an “outperform” rating on the stock in a report on Tuesday, March 24th. ATB Cormark Capital Markets cut their target price on Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. Finally, National Bank Financial reduced their price target on Vitalhub from C$14.00 to C$11.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th.

Vitalhub Stock Performance

VHI stock opened at C$7.13 on Thursday. Vitalhub has a one year low of C$6.62 and a one year high of C$14.64. The stock has a market capitalization of C$451.04 million, a PE ratio of 59.42, a price-to-earnings-growth ratio of 1.18 and a beta of 0.88. The company has a fifty day moving average of C$7.41 and a 200-day moving average of C$7.94.

Vitalhub (TSE:VHI) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.04 earnings per share (EPS) for the quarter. The business had revenue of C$31.91 million for the quarter. Vitalhub had a net margin of 6.13% and a return on equity of 2.98%. Equities analysts forecast that Vitalhub will post 0.2296467 earnings per share for the current fiscal year.

Insider Transactions at Vitalhub

In other Vitalhub news, Director Steve Garrington sold 10,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of C$7.17, for a total value of C$71,700.00. Following the completion of the transaction, the director owned 50,000 shares in the company, valued at approximately C$358,500. This represents a 16.67% decrease in their ownership of the stock. Insiders own 18.57% of the company’s stock.

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.