Vitalhub (TSE:VHI) Director Steve Garrington Sells 10,000 Shares of Stock

Vitalhub Corp. (TSE:VHI) Director Steve Garrington sold 10,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of C$7.17, for a total transaction of C$71,700.00. Following the completion of the transaction, the director owned 50,000 shares in the company, valued at C$358,500. The trade was a 16.67% decrease in their position.

Vitalhub Trading Up 0.8%

VHI stock opened at C$7.30 on Wednesday. The firm’s 50-day moving average price is C$7.48 and its two-hundred day moving average price is C$8.17. Vitalhub Corp. has a 12-month low of C$6.67 and a 12-month high of C$14.64. The stock has a market capitalization of C$461.80 million, a price-to-earnings ratio of 60.83, a PEG ratio of 1.18 and a beta of 0.88.

Vitalhub (TSE:VHI) last announced its earnings results on Thursday, May 7th. The company reported C$0.04 earnings per share for the quarter. The firm 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 predict that Vitalhub Corp. will post 0.2296467 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VHI shares. Raymond James Financial cut their target price on shares of Vitalhub from C$15.00 to C$11.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 24th. National Bank Financial cut their target price on shares of Vitalhub from C$14.00 to C$11.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. 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 on the stock in a research note on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. Based on data from MarketBeat, Vitalhub currently has a consensus rating of “Buy” and a consensus price target of C$13.14.

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.