Vitalhub (TSE:VHI) Reaches New 52-Week Low – Here’s Why

Shares of Vitalhub Corp. (TSE:VHI) hit a new 52-week low during trading on Friday . The stock traded as low as C$8.45 and last traded at C$8.47, with a volume of 83404 shares changing hands. The stock had previously closed at C$8.65.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VHI. Stifel Nicolaus set a C$15.00 price objective on Vitalhub and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Stifel Canada raised Vitalhub to a “strong-buy” rating in a research report on Tuesday, October 14th. Finally, Royal Bank Of Canada set a C$15.00 target price on Vitalhub and gave the stock a “moderate buy” rating in a report on Thursday, September 18th. Two research analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$15.25.

Vitalhub Trading Down 2.7%

The stock has a market cap of C$529.03 million, a price-to-earnings ratio of 210.50, a P/E/G ratio of 1.18 and a beta of 0.98. The firm’s 50-day moving average is C$9.17 and its two-hundred day moving average is C$10.92.

Vitalhub (TSE:VHI) last posted its quarterly earnings data on Thursday, November 6th. The company reported C($0.01) EPS for the quarter. Vitalhub had a return on equity of 3.01% and a net margin of 5.11%.The firm had revenue of C$32.04 million for the quarter. On average, analysts predict that Vitalhub Corp. will post 0.2296467 earnings per share for the current year.

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.