Insider Buying: Vitalhub (TSE:VHI) Director Acquires C$1,345,735.00 in Stock

Vitalhub Corp. (TSE:VHI) Director Francis Nelson Shen acquired 148,700 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were bought at an average cost of C$9.05 per share, with a total value of C$1,345,735.00. Following the completion of the purchase, the director owned 148,700 shares of the company’s stock, valued at C$1,345,735. This trade represents a ∞ increase in their ownership of the stock.

Vitalhub Trading Down 2.0%

TSE:VHI opened at C$8.82 on Tuesday. Vitalhub Corp. has a 1-year low of C$8.25 and a 1-year high of C$14.64. The firm has a market capitalization of C$554.16 million, a price-to-earnings ratio of 220.50, a PEG ratio of 1.18 and a beta of 0.98. The business’s 50-day moving average price is C$9.06 and its two-hundred day moving average price is C$10.78.

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Stifel Nicolaus set a C$15.00 price target on shares of Vitalhub and gave the company a “buy” rating in a report on Wednesday, October 15th. Royal Bank Of Canada lowered their price target on Vitalhub from C$13.00 to C$12.00 and set an “outperform” rating for the company in a report on Monday. Two analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$14.75.

Vitalhub Company Profile

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.