Insider Selling: Vitalhub (TSE:VHI) Director Sells C$71,700.00 in Stock

Vitalhub Corp. (TSE:VHI) Director Steve Garrington sold 10,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of C$7.17, for a total transaction of C$71,700.00. Following the transaction, the director owned 50,000 shares in the company, valued at C$358,500. The trade was a 16.67% decrease in their ownership of the stock.

Vitalhub Price Performance

Shares of VHI stock opened at C$7.14 on Friday. The company has a market capitalization of C$451.68 million, a P/E ratio of 59.50, a P/E/G ratio of 1.18 and a beta of 0.88. The company’s 50-day simple moving average is C$7.49 and its two-hundred day simple moving average is C$8.15. Vitalhub Corp. has a one year low of C$6.67 and a one year high of C$14.64.

Vitalhub (TSE:VHI) last issued its earnings results on Thursday, May 7th. The company reported C$0.04 EPS for the quarter. The business had revenue of C$31.91 million for the quarter. Vitalhub had a net margin of 6.13% and a return on equity of 2.98%. On average, research analysts expect that Vitalhub Corp. will post 0.2296467 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VHI has been the topic of a number of research analyst reports. Raymond James Financial dropped their target price on shares of Vitalhub from C$15.00 to C$11.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 24th. National Bank Financial dropped their target price on shares of Vitalhub from C$14.00 to C$11.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Finally, ATB Cormark Capital Markets dropped their target price on shares of Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to data from MarketBeat, Vitalhub presently has an average rating of “Buy” and an average target price of C$13.14.

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.