VerticalScope Holdings Inc. (TSE:FORA) Receives C$8.25 Average Price Target from Analysts

Shares of VerticalScope Holdings Inc. (TSE:FORA) have been given a consensus rating of “Hold” by the seven ratings firms that are covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is C$8.25.

Separately, CIBC increased their price target on shares of VerticalScope from C$4.00 to C$4.50 in a research report on Monday, November 10th.

VerticalScope Trading Down 6.6%

Shares of FORA stock opened at C$3.23 on Friday. The stock has a market cap of C$69.48 million, a P/E ratio of -13.46 and a beta of 1.13. The company has a quick ratio of 0.79, a current ratio of 1.65 and a debt-to-equity ratio of 55.19. VerticalScope has a fifty-two week low of C$2.90 and a fifty-two week high of C$14.75. The business has a fifty day simple moving average of C$3.22 and a 200-day simple moving average of C$3.46.

VerticalScope (TSE:FORA) last issued its quarterly earnings data on Thursday, November 6th. The company reported C($0.02) EPS for the quarter. VerticalScope had a net margin of 4.06% and a return on equity of 3.38%. The business had revenue of C$20.45 million during the quarter. On average, analysts forecast that VerticalScope will post 0.3740942 earnings per share for the current fiscal year.

About VerticalScope

VerticalScope Holdings Inc is a technology company that operates a cloud-based digital community platform comprising hyper-focused apps, forums, marketplaces, editorial, and e-commerce rating and brand review websites.