Insider Selling: VerticalScope Holdings Inc. (TSE:FORA) Director Sells 3,300 Shares of Stock

VerticalScope Holdings Inc. (TSE:FORA) Director Rob Laidlaw sold 3,300 shares of the stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of C$10.76, for a total transaction of C$35,501.40.

Rob Laidlaw also recently made the following trade(s):

• On Monday, October 21st, Rob Laidlaw bought 10,000 shares of VerticalScope stock. The shares were bought at an average cost of C$7.73 per share, for a total transaction of C$77,258.00.

VerticalScope Stock Up 0.5 %

Shares of FORA stock traded up C$0.05 on Friday, hitting C$10.31. The stock had a trading volume of 103,515 shares, compared to its average volume of 49,014. The business has a 50 day moving average of C$9.64 and a 200 day moving average of C$8.97. The stock has a market cap of C$191.97 million, a price-to-earnings ratio of 147.29 and a beta of -0.02. The company has a debt-to-equity ratio of 63.66, a current ratio of 1.80 and a quick ratio of 0.79. VerticalScope Holdings Inc. has a 12-month low of C$4.01 and a 12-month high of C$11.45.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. TD Securities raised their price objective on shares of VerticalScope from C$16.00 to C$17.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Royal Bank of Canada raised their price objective on shares of VerticalScope from C$15.00 to C$16.00 in a research note on Thursday, November 14th. Canaccord Genuity Group raised their price objective on shares of VerticalScope from C$14.00 to C$17.00 in a research note on Thursday, November 14th. CIBC raised their price objective on shares of VerticalScope from C$9.00 to C$10.00 in a research note on Thursday, November 14th. Finally, Eight Capital raised their price objective on shares of VerticalScope from C$15.00 to C$18.00 in a research note on Monday, December 2nd.

VerticalScope Company Profile

VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.