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

Shares of VerticalScope Holdings Inc. (TSE:FORA) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$9.33.

A number of research analysts recently weighed in on the stock. TD Securities reduced their price objective on VerticalScope from C$4.50 to C$4.00 and set a “hold” rating for the company in a research note on Thursday, August 14th. CIBC raised their price target on shares of VerticalScope from C$4.00 to C$4.50 in a research note on Monday, November 10th. Finally, National Bankshares dropped their price objective on shares of VerticalScope from C$6.50 to C$5.50 and set a “sector perform” rating for the company in a research note on Thursday, August 14th.

VerticalScope Stock Performance

Shares of FORA stock opened at C$3.05 on Friday. The business has a fifty day moving average of C$3.42 and a 200 day moving average of C$3.79. VerticalScope has a 1 year low of C$3.00 and a 1 year high of C$14.75. The company has a debt-to-equity ratio of 55.19, a current ratio of 1.65 and a quick ratio of 0.79. The firm has a market capitalization of C$65.61 million, a price-to-earnings ratio of -12.71 and a beta of 0.44.

VerticalScope (TSE:FORA) last posted its quarterly earnings results on Thursday, November 6th. The company reported C($0.02) earnings per share (EPS) for the quarter. VerticalScope had a return on equity of 3.38% and a net margin of 4.06%.The business had revenue of C$20.45 million for the quarter. As a group, research analysts expect that VerticalScope will post 0.3740942 earnings per share for the current year.

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.