Vitalhub (TSE:VHI) Sets New 1-Year Low – What’s Next?

Vitalhub Corp. (TSE:VHI) shares hit a new 52-week low during trading on Thursday . The company traded as low as C$6.49 and last traded at C$6.56, with a volume of 138529 shares. The stock had previously closed at C$6.67.

Analyst Upgrades and Downgrades

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

Vitalhub Stock Performance

The firm’s 50 day moving average is C$7.16 and its 200-day moving average is C$7.71. The stock has a market capitalization of C$416.25 million, a price-to-earnings ratio of 54.83, a PEG ratio of 1.18 and a beta of 0.91.

Vitalhub (TSE:VHI) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.04 earnings per share (EPS) for the quarter. The firm 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%. As a group, sell-side analysts forecast that Vitalhub Corp. will post 0.2296467 earnings per share for the current year.

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.