Vitalhub (TSE:VHI) Reaches New 1-Year Low – What’s Next?

Vitalhub Corp. (TSE:VHI) hit a new 52-week low on Thursday . The company traded as low as C$6.49 and last traded at C$6.56, with a volume of 138529 shares trading hands. The stock had previously closed at C$6.67.

Wall Street Analyst Weigh In

Separately, National Bank Financial cut their target price on Vitalhub from C$14.00 to C$11.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$13.14.

Vitalhub Price Performance

The firm has a market cap of C$410.56 million, a P/E ratio of 54.08, a PEG ratio of 1.18 and a beta of 0.91. The firm’s 50-day moving average price is C$7.19 and its 200 day moving average price is C$7.74.

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 firm had revenue of C$31.91 million during the quarter. Analysts forecast that Vitalhub Corp. will post 0.2296467 earnings per share for the current year.

About Vitalhub

VitalHub is a leading software company dedicated to empowering health and human services providers globally. VitalHub’s comprehensive product suite includes electronic health records, operational intelligence, and workforce automation solutions that serve over 1,300 clients across the UK, Canada, and other geographies. The Company has a robust two-pronged growth strategy, targeting organic opportunities within its product suite and pursuing an aggressive M&A plan. VitalHub is headquartered in Toronto with over 700 employees globally, across key regions and the VitalHub Innovations Lab in Sri Lanka.