Vitalhub (TSE:VHI) Trading 0.7% Higher – Should You Buy?

Vitalhub Corp. (TSE:VHI)’s share price rose 0.7% during mid-day trading on Tuesday . The company traded as high as C$9.20 and last traded at C$9.14. Approximately 388,970 shares traded hands during mid-day trading, an increase of 145% from the average daily volume of 158,735 shares. The stock had previously closed at C$9.08.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VHI shares. Royal Bank Of Canada set a C$15.00 price objective on shares of Vitalhub and gave the stock a “moderate buy” rating in a research report on Thursday, September 18th. Stifel Canada upgraded Vitalhub to a “strong-buy” rating in a research note on Tuesday, October 14th. Finally, Stifel Nicolaus set a C$15.00 price objective on Vitalhub and gave the company a “buy” rating in a research note on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$14.86.

Vitalhub Price Performance

The company’s 50 day simple moving average is C$9.68 and its 200 day simple moving average is C$11.14. The firm has a market cap of C$574.27 million, a price-to-earnings ratio of 228.50, a P/E/G ratio of 1.18 and a beta of 0.72.

Vitalhub (TSE:VHI) last announced its quarterly earnings data on Thursday, November 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$32.04 million during the quarter. Vitalhub had a net margin of 5.11% and a return on equity of 3.01%. As a group, analysts forecast that Vitalhub Corp. will post 0.2296467 earnings per share for the current year.

About Vitalhub

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.