National Bankshares Cuts VerticalScope (TSE:FORA) Price Target to C$4.50

VerticalScope (TSE:FORA) had its price target cut by National Bankshares from C$5.50 to C$4.50 in a research report report published on Wednesday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, CIBC increased their price target on shares of VerticalScope from C$4.00 to C$4.50 in a research report on Monday, November 10th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of C$8.13.

VerticalScope Trading Up 0.4%

Shares of FORA stock opened at C$2.86 on Wednesday. The stock has a market cap of C$61.52 million, a P/E ratio of -11.92 and a beta of 1.13. The company has a quick ratio of 0.79, a current ratio of 1.65 and a debt-to-equity ratio of 55.19. VerticalScope has a fifty-two week low of C$2.83 and a fifty-two week high of C$14.75. The business has a fifty day simple moving average of C$3.09 and a 200-day simple moving average of C$3.34.

VerticalScope (TSE:FORA) last issued its quarterly earnings data on Thursday, November 6th. The company reported C($0.02) 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. On average, analysts forecast that VerticalScope will post 0.3740942 earnings per share for the current fiscal year.

VerticalScope Company Profile

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.