VerticalScope Holdings Inc. (TSE:FORA) Director Sells C$107,270.00 in Stock

VerticalScope Holdings Inc. (TSE:FORA) Director Rob Laidlaw sold 8,500 shares of VerticalScope stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of C$12.62, for a total transaction of C$107,270.00.

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

• On Wednesday, January 8th, Rob Laidlaw sold 3,300 shares of VerticalScope stock. The stock was sold at an average price of C$10.76, for a total value of C$35,501.40.

VerticalScope Stock Performance

TSE:FORA opened at C$11.88 on Thursday. VerticalScope Holdings Inc. has a 12 month low of C$4.01 and a 12 month high of C$12.77. The company has a debt-to-equity ratio of 63.66, a current ratio of 1.80 and a quick ratio of 0.79. The firm has a market capitalization of C$221.21 million, a PE ratio of 169.71 and a beta of -0.02. The business’s fifty day moving average price is C$10.53 and its 200 day moving average price is C$9.20.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Canaccord Genuity Group raised their price objective on shares of VerticalScope from C$14.00 to C$17.00 in a research note on Thursday, November 14th. Eight Capital boosted their price target on shares of VerticalScope from C$15.00 to C$18.00 in a research note on Monday, December 2nd. Raymond James increased their price objective on VerticalScope from C$11.50 to C$13.00 in a research note on Wednesday, November 13th. Royal Bank of Canada boosted their target price on VerticalScope from C$15.00 to C$16.00 in a research note on Thursday, November 14th. Finally, CIBC increased their price target on VerticalScope from C$9.00 to C$10.00 in a research report on Thursday, November 14th.

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.