Topicus.com (CVE:TOI) Stock Price Up 0.4% – Time to Buy?

Topicus.com Inc. (CVE:TOI) shares shot up 0.4% on Friday . The company traded as high as C$92.00 and last traded at C$91.30. 63,942 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 102,150 shares. The stock had previously closed at C$90.91.

Analysts Set New Price Targets

Separately, TD boosted their target price on shares of Topicus.com from C$140.00 to C$145.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Topicus.com currently has an average rating of “Buy” and an average target price of C$145.00.

Topicus.com Stock Performance

The firm has a 50-day moving average price of C$96.20 and a two-hundred day moving average price of C$100.91. The firm has a market cap of C$7.61 billion, a price-to-earnings ratio of 246.76 and a beta of 0.06.