Royal Bank Of Canada Cuts Vitalhub (TSE:VHI) Price Target to C$12.00

Vitalhub (TSE:VHI) had its price target cut by Royal Bank Of Canada from C$13.00 to C$12.00 in a report issued on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, Stifel Nicolaus set a C$15.00 price objective on Vitalhub and gave the stock a “buy” rating in a report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$14.75.

Vitalhub Price Performance

Shares of VHI opened at C$8.94 on Monday. The company has a 50-day simple moving average of C$9.06 and a two-hundred day simple moving average of C$10.74. The firm has a market capitalization of C$561.70 million, a PE ratio of 223.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.98. Vitalhub has a one year low of C$8.25 and a one year high of C$14.64.

Vitalhub (TSE:VHI) last announced its earnings results on Thursday, November 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$32.04 million during the quarter. Vitalhub had a return on equity of 3.01% and a net margin of 5.11%. Analysts expect that Vitalhub will post 0.2296467 EPS for the current fiscal year.

Insider Buying and Selling at Vitalhub

In related news, Director Anthony Pius Shen purchased 5,470 shares of the stock in a transaction dated Tuesday, December 23rd. The stock was purchased at an average price of C$9.23 per share, with a total value of C$50,488.10. Following the transaction, the director directly owned 5,470 shares in the company, valued at C$50,488.10. This trade represents a ∞ increase in their ownership of the stock. Also, Director Francis Nelson Shen purchased 148,700 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was purchased at an average price of C$9.05 per share, for a total transaction of C$1,345,735.00. Following the purchase, the director owned 148,700 shares in the company, valued at C$1,345,735. This represents a ∞ increase in their ownership of the stock. Insiders own 18.57% of the company’s stock.

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.