Vitalhub (TSE:VHI) Releases Earnings Results

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

Vitalhub Stock Performance

TSE VHI opened at C$7.04 on Friday. The firm’s 50 day moving average price is C$7.12 and its two-hundred day moving average price is C$7.57. Vitalhub has a twelve month low of C$6.46 and a twelve month high of C$14.64. The stock has a market cap of C$445.35 million, a price-to-earnings ratio of 58.67, a PEG ratio of 1.18 and a beta of 0.91.

Analyst Upgrades and Downgrades

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

About Vitalhub

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.