Topicus.com (CVE:TOI) Trading 0.4% Higher – Still a Buy?

Topicus.com Inc. (CVE:TOI)’s stock price rose 0.4% on Friday . The stock traded as high as C$92.00 and last traded at C$91.30. Approximately 63,942 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 102,150 shares. The stock had previously closed at C$90.91.

Analysts Set New Price Targets

Separately, TD raised their target price on Topicus.com from C$140.00 to C$145.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$145.00.

Topicus.com Price Performance

The company’s 50 day simple moving average is C$96.20 and its 200 day simple moving average is C$100.91. The stock has a market cap of C$7.61 billion, a P/E ratio of 246.76 and a beta of 0.06.