Vitalhub (TSE:VHI) Hits New 52-Week Low – Time to Sell?

Vitalhub Corp. (TSE:VHI) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$6.67 and last traded at C$6.70, with a volume of 590434 shares. The stock had previously closed at C$7.71.

Analyst Upgrades and Downgrades

VHI has been the topic of a number of research reports. ATB Cormark Capital Markets decreased their price objective on Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating on the stock in a report on Tuesday, March 10th. Royal Bank Of Canada reduced their target price on shares of Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a research report on Monday, January 26th. Finally, Scotiabank decreased their price target on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of C$14.43.

Vitalhub Stock Performance

The company has a market capitalization of C$427.96 million, a price-to-earnings ratio of 169.50, a price-to-earnings-growth ratio of 1.18 and a beta of 0.65. The firm has a fifty day moving average price of C$8.34 and a 200-day moving average price of C$9.54.

Vitalhub (TSE:VHI) last posted its quarterly earnings results on Wednesday, March 18th. The company reported C$0.06 earnings per share for the quarter. Vitalhub had a net margin of 2.88% and a return on equity of 1.47%. The firm had revenue of C$31.39 million during the quarter. On average, sell-side analysts forecast that Vitalhub Corp. 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 that occurred on Tuesday, December 23rd. The stock was acquired at an average cost of C$9.23 per share, with a total value of C$50,488.10. Following the transaction, the director owned 5,470 shares of the company’s stock, valued at C$50,488.10. This represents a ∞ increase in their position. Also, Director Francis Nelson Shen bought 148,700 shares of the stock in a transaction dated Tuesday, December 23rd. The stock was purchased at an average price of C$9.05 per share, with a total value of C$1,345,735.00. Following the acquisition, the director owned 148,700 shares of the company’s stock, valued at C$1,345,735. The trade was a ∞ increase in their ownership of the stock. Corporate 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.