Vitalhub Corp. (TSE:VHI) Receives Average Recommendation of “Buy” from Analysts

Vitalhub Corp. (TSE:VHI) has been assigned a consensus rating of “Buy” from the nine research firms that are currently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$14.86.

VHI has been the topic of several research analyst reports. Scotiabank upped their target price on Vitalhub from C$14.00 to C$14.50 and gave the company an “outperform” rating in a research report on Friday, June 20th. Raymond James Financial upped their target price on Vitalhub from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research report on Tuesday, August 12th. Royal Bank Of Canada set a C$15.00 price target on Vitalhub and gave the stock a “moderate buy” rating in a report on Thursday, September 18th. National Bankshares set a C$16.00 price target on Vitalhub and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, Stifel Nicolaus set a C$15.00 price target on Vitalhub and gave the stock a “buy” rating in a report on Wednesday.

Insider Activity at Vitalhub

In other Vitalhub news, Director Danny Matlow sold 150,000 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of C$12.75, for a total value of C$1,912,500.00. Following the transaction, the director owned 520,001 shares in the company, valued at approximately C$6,630,012.75. This represents a 22.39% decrease in their ownership of the stock. Also, Director Steve Garrington sold 20,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of C$12.90, for a total value of C$258,000.00. Following the completion of the transaction, the director owned 60,000 shares in the company, valued at approximately C$774,000. The trade was a 25.00% decrease in their position. 18.57% of the stock is currently owned by corporate insiders.

Vitalhub Price Performance

Shares of Vitalhub stock opened at C$10.24 on Monday. Vitalhub has a one year low of C$8.50 and a one year high of C$14.64. The stock’s 50-day moving average is C$11.76 and its 200 day moving average is C$11.34. The firm has a market cap of C$643.38 million, a price-to-earnings ratio of 128.00, a PEG ratio of 1.18 and a beta of 0.62.

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.