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

Vitalhub Corp. (TSE:VHI) has earned an average rating of “Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$14.43.

A number of research analysts have recently issued reports on VHI shares. Royal Bank Of Canada dropped their price objective on Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating on the stock in a research note on Monday, January 26th. ATB Cormark Capital Markets decreased their target price on Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. Finally, Scotiabank dropped their price target on Vitalhub from C$15.00 to C$12.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th.

Vitalhub Trading Up 0.9%

Shares of VHI opened at C$7.82 on Tuesday. The firm’s fifty day simple moving average is C$8.39 and its two-hundred day simple moving average is C$9.59. Vitalhub has a 12 month low of C$7.60 and a 12 month high of C$14.64. The stock has a market capitalization of C$493.61 million, a P/E ratio of 195.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.65.

Insider Buying and Selling at Vitalhub

In related news, Director Francis Nelson Shen acquired 148,700 shares of the stock in a transaction dated Tuesday, December 23rd. The stock was bought 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 directly owned 148,700 shares of the company’s stock, valued at C$1,345,735. The trade was a ∞ increase in their position. Also, Director Anthony Pius Shen bought 5,470 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were bought at an average price of C$9.23 per share, for a total transaction 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. Insiders own 18.57% of the company’s stock.

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.