Vitalhub (TSE:VHI) Releases Quarterly Earnings Results

Vitalhub (TSE:VHI) released its earnings results on Thursday. The company reported C$0.03 EPS for the quarter, reports. The company had revenue of C$31.74 million during the quarter. Vitalhub had a net margin of 6.13% and a return on equity of 2.98%.

Vitalhub Price Performance

TSE:VHI traded up C$0.85 during mid-day trading on Friday, hitting C$7.89. The company’s stock had a trading volume of 774,164 shares, compared to its average volume of 346,231. The business’s fifty day moving average is C$7.13 and its two-hundred day moving average is C$7.57. The stock has a market cap of C$499.12 million, a price-to-earnings ratio of 65.75, a PEG ratio of 1.18 and a beta of 0.91. Vitalhub has a 1 year low of C$6.46 and a 1 year high of C$14.64.

Analysts Set New Price Targets

Separately, National Bank Financial decreased their price target on shares of Vitalhub from C$14.00 to C$11.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$13.14.

Vitalhub Company Profile

VitalHub is a leading software company dedicated to empowering health and human services providers globally. VitalHub’s comprehensive product suite includes electronic health records, operational intelligence, and workforce automation solutions that serve over 1,300 clients across the UK, Canada, and other geographies. The Company has a robust two-pronged growth strategy, targeting organic opportunities within its product suite and pursuing an aggressive M&A plan. VitalHub is headquartered in Toronto with over 700 employees globally, across key regions and the VitalHub Innovations Lab in Sri Lanka.