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

Shares of Vitalhub Corp. (TSE:VHI) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$8.19 and last traded at C$8.21, with a volume of 797535 shares trading hands. The stock had previously closed at C$8.53.

Analysts Set New Price Targets

Several brokerages recently weighed in on VHI. Royal Bank Of Canada reduced their price target on Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a research report on Monday, January 26th. Stifel Nicolaus set a C$15.00 price target on shares of Vitalhub and gave the stock a “buy” rating in a report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat, Vitalhub presently has an average rating of “Buy” and a consensus price target of C$14.75.

Vitalhub Stock Performance

The company has a 50 day simple moving average of C$9.03 and a 200 day simple moving average of C$10.65. The company has a market capitalization of C$518.35 million, a PE ratio of 206.25, a price-to-earnings-growth ratio of 1.18 and a beta of 0.98.

Vitalhub (TSE:VHI) last issued its quarterly earnings results 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. As a group, equities research analysts anticipate that Vitalhub Corp. will post 0.2296467 EPS for the current year.

Insider Transactions at Vitalhub

In other Vitalhub news, Director Francis Nelson Shen acquired 148,700 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was bought at an average price of C$9.05 per share, with a total value of C$1,345,735.00. Following the purchase, the director owned 148,700 shares in the company, valued at approximately C$1,345,735. The trade was a ∞ increase in their ownership of the stock. Also, Director Anthony Pius Shen acquired 5,470 shares of the business’s stock in a transaction on Tuesday, December 23rd. The stock was acquired at an average price of C$9.23 per share, with a total value of C$50,488.10. Following the acquisition, the director owned 5,470 shares in the company, valued at C$50,488.10. The trade was a ∞ increase in their position. 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.