VerticalScope Holdings Inc. (TSE:FORA – Get Free Report) Senior Officer Brandon Seibel sold 12,500 shares of the company’s stock in a transaction dated Monday, January 20th. The shares were sold at an average price of C$11.00, for a total transaction of C$137,500.00.
VerticalScope Stock Up 4.4 %
FORA traded up C$0.48 during midday trading on Monday, hitting C$11.28. 48,438 shares of the company’s stock traded hands, compared to its average volume of 44,144. The company has a debt-to-equity ratio of 63.66, a current ratio of 1.80 and a quick ratio of 0.79. The company has a market cap of C$210.03 million, a PE ratio of 161.14 and a beta of -0.02. The stock’s fifty day simple moving average is C$9.96 and its 200-day simple moving average is C$9.04. VerticalScope Holdings Inc. has a one year low of C$4.01 and a one year high of C$11.45.
Analyst Ratings Changes
FORA has been the subject of several research analyst reports. TD Securities upped their price target on shares of VerticalScope from C$16.00 to C$17.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Eight Capital raised their price objective on VerticalScope from C$15.00 to C$18.00 in a research report on Monday, December 2nd. CIBC upped their target price on VerticalScope from C$9.00 to C$10.00 in a report on Thursday, November 14th. Raymond James increased their price target on shares of VerticalScope from C$11.50 to C$13.00 in a research report on Wednesday, November 13th. Finally, Royal Bank of Canada upped their price objective on shares of VerticalScope from C$15.00 to C$16.00 in a research note on Thursday, November 14th.
VerticalScope Company Profile
VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.
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