Insider Selling: Vitalhub (TSE:VHI) Director Sells 10,000 Shares of Stock

Vitalhub Corp. (TSE:VHI) Director Steve Garrington sold 10,000 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of C$7.17, for a total value of C$71,700.00. Following the sale, the director owned 50,000 shares of the company’s stock, valued at approximately C$358,500. This represents a 16.67% decrease in their ownership of the stock.

Vitalhub Price Performance

Shares of VHI stock traded up C$0.02 on Tuesday, hitting C$7.26. 305,516 shares of the company’s stock were exchanged, compared to its average volume of 388,634. Vitalhub Corp. has a 12 month low of C$6.67 and a 12 month high of C$14.64. The stock has a market cap of C$459.27 million, a P/E ratio of 60.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.88. The company has a 50 day moving average of C$7.47 and a 200 day moving average of C$8.18.

Vitalhub (TSE:VHI) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.04 earnings per share for the quarter. Vitalhub had a return on equity of 2.98% and a net margin of 6.13%.The business had revenue of C$31.91 million during the quarter. Sell-side analysts predict that Vitalhub Corp. will post 0.2296467 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on VHI shares. ATB Cormark Capital Markets dropped their price objective on Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating for the company in a research report on Tuesday, March 10th. Raymond James Financial dropped their price objective on Vitalhub from C$15.00 to C$11.00 and set an “outperform” rating for the company in a research report on Tuesday, March 24th. Finally, National Bank Financial dropped their price objective on Vitalhub from C$14.00 to C$11.00 and set an “outperform” rating for the company in a research 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 company presently has an average rating of “Buy” and an average price target of C$13.14.

Vitalhub Company Profile

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.