VerticalScope (TSE:FORA) Price Target Raised to C$15.00

VerticalScope (TSE:FORA) had its price objective upped by National Bankshares from C$13.00 to C$15.00 in a report published on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

FORA has been the topic of several other reports. Raymond James upped their price target on shares of VerticalScope from C$13.00 to C$14.50 and gave the company an “outperform” rating in a report on Friday. Eight Capital lifted their price target on VerticalScope from C$15.00 to C$18.00 in a research note on Monday, December 2nd. CIBC upped their price objective on VerticalScope from C$10.00 to C$17.00 in a research note on Monday, February 10th. Royal Bank of Canada lifted their target price on VerticalScope from C$16.00 to C$17.00 in a research report on Thursday, January 30th. Finally, Canaccord Genuity Group upped their price target on VerticalScope from C$14.00 to C$17.00 in a research report on Thursday, November 14th.

VerticalScope Price Performance

FORA stock opened at C$9.92 on Friday. The company has a market capitalization of C$156.29 million, a PE ratio of 55.85 and a beta of -0.02. The company has a quick ratio of 0.79, a current ratio of 1.65 and a debt-to-equity ratio of 55.19. The stock’s 50 day moving average is C$12.00 and its two-hundred day moving average is C$10.03. VerticalScope has a 52-week low of C$6.80 and a 52-week high of C$14.75.

Insider Buying and Selling at VerticalScope

In other VerticalScope news, Senior Officer Brandon Seibel sold 12,500 shares of the firm’s stock in a transaction on Monday, January 20th. The stock was sold at an average price of C$11.00, for a total value of C$137,500.00. Also, Director Rob Laidlaw sold 3,300 shares of the business’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of C$10.76, for a total transaction of C$35,501.40. Insiders sold a total of 25,550 shares of company stock worth $295,321 over the last ninety days. Company insiders own 37.10% of the company’s stock.

About VerticalScope

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.