VerticalScope Holdings Inc. (TSE:FORA) Director Sells C$274,350.00 in Stock

VerticalScope Holdings Inc. (TSE:FORA) Director Rob Laidlaw sold 29,500 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of C$9.30, for a total value of C$274,350.00.

Rob Laidlaw also recently made the following trade(s):

• On Thursday, August 22nd, Rob Laidlaw sold 50,000 shares of VerticalScope stock. The stock was sold at an average price of C$9.00, for a total value of C$450,000.00.

VerticalScope Price Performance

Shares of TSE:FORA opened at C$8.39 on Friday. The company has a debt-to-equity ratio of 63.66, a quick ratio of 0.79 and a current ratio of 1.80. The firm has a market cap of C$156.22 million, a price-to-earnings ratio of 119.86 and a beta of 0.01. The business has a 50-day simple moving average of C$8.72 and a two-hundred day simple moving average of C$8.51. VerticalScope Holdings Inc. has a fifty-two week low of C$4.00 and a fifty-two week high of C$11.00.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FORA. TD Securities upped their price target on shares of VerticalScope from C$15.00 to C$16.00 in a research note on Friday, August 9th. Eight Capital increased their price target on shares of VerticalScope from C$12.50 to C$15.00 in a report on Monday, June 10th.

About VerticalScope

VerticalScope Holdings Inc, a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, and internationally. The company provides digital advertising services comprising direct advertising campaigns serve primarily in original equipment manufacturers, retailers, and insurance providers; programmatic advertising which includes the monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including product reviews, articles, e-mail features, and short videos; and provides e-commerce solutions.