VerticalScope Holdings Inc. (TSE:FORA) Receives C$10.15 Average Target Price from Brokerages

Shares of VerticalScope Holdings Inc. (TSE:FORA) have been assigned an average rating of “Hold” from the seven analysts that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$10.15.

A number of equities research analysts recently issued reports on the company. National Bankshares lowered their price objective on VerticalScope from C$6.50 to C$5.50 and set a “sector perform” rating on the stock in a research report on Thursday, August 14th. TD Securities lowered their price objective on VerticalScope from C$4.50 to C$4.00 and set a “hold” rating on the stock in a research report on Thursday, August 14th.

VerticalScope Trading Up 1.0%

Shares of FORA stock opened at C$3.91 on Tuesday. The company has a debt-to-equity ratio of 55.19, a quick ratio of 0.79 and a current ratio of 1.65. VerticalScope has a 52-week low of C$3.00 and a 52-week high of C$14.75. The company has a market capitalization of C$84.01 million, a PE ratio of -24.44 and a beta of 0.21. The business’s fifty day moving average is C$3.33 and its 200 day moving average is C$3.90.

VerticalScope Company Profile

VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions and share knowledge about the things they love.