VerticalScope Holdings Inc. (TSE:FORA) Receives Consensus Recommendation of “Hold” from Analysts

Shares of VerticalScope Holdings Inc. (TSE:FORA) have received an average recommendation of “Hold” from the seven research firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$8.25.

Separately, CIBC boosted their price target on shares of VerticalScope from C$4.00 to C$4.50 in a report on Monday, November 10th.

VerticalScope Price Performance

Shares of FORA stock opened at C$3.29 on Friday. The firm has a market cap of C$70.77 million, a price-to-earnings ratio of -13.71 and a beta of 0.68. VerticalScope has a 12 month low of C$2.90 and a 12 month high of C$14.75. The company has a quick ratio of 0.79, a current ratio of 1.65 and a debt-to-equity ratio of 55.19. The stock has a 50-day moving average price of C$3.25 and a 200 day moving average price of C$3.48.

VerticalScope (TSE:FORA) last announced its quarterly earnings data on Thursday, November 6th. The company reported C($0.02) earnings per share (EPS) for the quarter. VerticalScope had a net margin of 4.06% and a return on equity of 3.38%. The business had revenue of C$20.45 million during the quarter. Research analysts expect that VerticalScope will post 0.3740942 EPS for the current year.

About VerticalScope

VerticalScope Holdings Inc is a technology company that operates a cloud-based digital community platform comprising hyper-focused apps, forums, marketplaces, editorial, and e-commerce rating and brand review websites.