VerticalScope Holdings Inc. (TSE:FORA) Senior Officer Acquires C$108,750.00 in Stock

VerticalScope Holdings Inc. (TSE:FORA) Senior Officer Christopher Michael Goodridge bought 12,500 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was purchased at an average price of C$8.70 per share, with a total value of C$108,750.00.

Christopher Michael Goodridge also recently made the following trade(s):

• On Wednesday, September 11th, Christopher Michael Goodridge acquired 5,000 shares of VerticalScope stock. The shares were acquired at an average price of C$8.54 per share, with a total value of C$42,700.00.
• On Friday, August 30th, Christopher Michael Goodridge sold 400 shares of VerticalScope stock. The shares were sold at an average price of C$8.89, for a total value of C$3,556.00.

VerticalScope Price Performance

Shares of TSE FORA opened at C$8.41 on Wednesday. VerticalScope Holdings Inc. has a twelve month low of C$4.01 and a twelve month high of C$11.00. The company has a current ratio of 1.80, a quick ratio of 0.79 and a debt-to-equity ratio of 63.66. The firm has a 50-day moving average of C$8.28 and a two-hundred day moving average of C$8.69. The company has a market capitalization of C$156.59 million, a price-to-earnings ratio of 120.14 and a beta of -0.02.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Royal Bank of Canada increased their price target on VerticalScope from C$15.00 to C$16.00 in a research note on Thursday, November 14th. CIBC upped their price objective on shares of VerticalScope from C$9.00 to C$10.00 in a report on Thursday, November 14th. Canaccord Genuity Group raised their target price on shares of VerticalScope from C$14.00 to C$17.00 in a research note on Thursday, November 14th. Raymond James upped their price target on shares of VerticalScope from C$11.50 to C$13.00 in a research note on Wednesday, November 13th. Finally, TD Securities raised their price objective on shares of VerticalScope from C$16.00 to C$17.00 and gave the company a “buy” rating in a research note on Thursday, November 14th.

VerticalScope Company Profile

VerticalScope Holdings Inc, a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, and internationally. The company provides digital advertising services comprising direct advertising campaigns serve primarily in original equipment manufacturers, retailers, and insurance providers; programmatic advertising which includes the monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including product reviews, articles, e-mail features, and short videos; and provides e-commerce solutions.