VerticalScope Holdings Inc. (TSE:FORA) Given Consensus Recommendation of “Hold” by Brokerages

Shares of VerticalScope Holdings Inc. (TSE:FORA) have been assigned a consensus recommendation of “Hold” from the seven analysts that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$10.15.

Several equities analysts have recently commented on the company. National Bankshares decreased their price target on VerticalScope from C$6.50 to C$5.50 and set a “sector perform” rating on the stock in a research note on Thursday, August 14th. TD Securities decreased their price target on VerticalScope from C$4.50 to C$4.00 and set a “hold” rating on the stock in a research note on Thursday, August 14th.

VerticalScope Stock Performance

Shares of VerticalScope stock opened at C$3.21 on Friday. VerticalScope has a 52 week low of C$3.00 and a 52 week high of C$14.75. The business’s fifty day simple moving average is C$3.46 and its 200-day simple moving average is C$4.78. The firm has a market cap of C$68.97 million, a PE ratio of -20.06 and a beta of 0.44. 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 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.