Vitalhub Corp. (TSE:VHI) Given Consensus Rating of “Buy” by Brokerages

Vitalhub Corp. (TSE:VHI) has been given a consensus rating of “Buy” by the seven analysts that are currently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$13.14.

A number of research analysts have recently weighed in on VHI shares. ATB Cormark Capital Markets dropped their target price on Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating on the stock in a report on Tuesday, March 10th. Raymond James Financial dropped their target price on Vitalhub from C$15.00 to C$11.00 and set an “outperform” rating on the stock in a report on Tuesday, March 24th. Finally, 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.

Insider Buying and Selling

In related news, Director Francis Nelson Shen bought 439,600 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were bought at an average price of C$7.00 per share, for a total transaction of C$3,077,200.00. Following the completion of the acquisition, the director directly owned 588,300 shares of the company’s stock, valued at C$4,118,100. This trade represents a 295.63% increase in their ownership of the stock. Also, Director Anthony Pius Shen bought 7,000 shares of the company’s stock in a transaction dated Monday, March 30th. The stock was bought at an average price of C$7.11 per share, for a total transaction of C$49,770.00. Following the acquisition, the director directly owned 12,470 shares of the company’s stock, valued at approximately C$88,661.70. This represents a 127.97% increase in their ownership of the stock. Insiders bought 496,600 shares of company stock worth $3,476,470 in the last 90 days. Corporate insiders own 18.57% of the company’s stock.

Vitalhub Stock Performance

Shares of TSE:VHI opened at C$7.17 on Friday. The business’s 50 day simple moving average is C$7.47 and its two-hundred day simple moving average is C$8.20. The firm has a market cap of C$453.57 million, a P/E ratio of 59.75, a PEG ratio of 1.18 and a beta of 0.88. Vitalhub has a 52-week low of C$6.67 and a 52-week high of C$14.64.

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 business had revenue of C$31.91 million for the quarter. Vitalhub had a return on equity of 2.98% and a net margin of 6.13%. On average, equities analysts forecast that Vitalhub will post 0.2296467 earnings per share for the current fiscal year.

About Vitalhub

Vitalhub Corp is Canada-based firm that develops technology solutions for health and human services providers in the mental health (child through adult), long term care, community health service, home health, social service, and acute care sectors. Its technologies include blockchain, mobile, patient flow, web-based assessment, and electronic health record solutions.