VerticalScope Holdings Inc. (TSE:FORA – Get Free Report)’s share price rose 1.6% on Thursday . The company traded as high as C$2.65 and last traded at C$2.60. 13,506 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 10,050 shares. The stock had previously closed at C$2.56.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on FORA. Royal Bank Of Canada dropped their target price on VerticalScope from C$6.00 to C$5.00 and set a “sector perform” rating on the stock in a research report on Friday, May 15th. National Bank Financial reduced their price target on VerticalScope from C$4.50 to C$4.25 and set a “sector perform” rating for the company in a research report on Friday, May 15th. Finally, Raymond James Financial decreased their price objective on VerticalScope from C$5.00 to C$4.00 and set an “outperform” rating on the stock in a research note on Friday. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, VerticalScope has an average rating of “Hold” and a consensus price target of C$4.15.
Check Out Our Latest Analysis on FORA
VerticalScope Price Performance
VerticalScope (TSE:FORA – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported C($0.06) EPS for the quarter. The firm had revenue of C$19.64 million for the quarter. VerticalScope had a negative net margin of 15.53% and a negative return on equity of 11.51%. Analysts anticipate that VerticalScope Holdings Inc. will post 0.3740942 EPS for the current fiscal 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.
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