Vitalhub (TSE:VHI) Stock Price Down 0.7% – Here’s What Happened

Vitalhub Corp. (TSE:VHI)’s share price was down 0.7% during mid-day trading on Thursday . The stock traded as low as C$11.12 and last traded at C$11.14. Approximately 56,284 shares changed hands during trading, a decline of 50% from the average daily volume of 113,660 shares. The stock had previously closed at C$11.22.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on VHI shares. Scotiabank set a C$14.00 price target on shares of Vitalhub and gave the stock an “outperform” rating in a report on Thursday, January 30th. Canaccord Genuity Group boosted their target price on shares of Vitalhub from C$12.00 to C$12.50 and gave the company a “buy” rating in a research note on Thursday, January 16th. Finally, TD Securities upgraded shares of Vitalhub to a “strong-buy” rating in a research note on Monday, November 25th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Vitalhub currently has a consensus rating of “Buy” and a consensus target price of C$11.60.

Vitalhub Price Performance

The firm has a market capitalization of C$581.49 million, a PE ratio of 174.84, a P/E/G ratio of 1.18 and a beta of 1.26. The company’s fifty day simple moving average is C$11.30 and its 200 day simple moving average is C$10.12.

About Vitalhub

Vitalhub Corp., together with its subsidiaries, provides technology solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally. Its solutions include electronic healthcare record, case management, care coordination and optimization, and patient flow, engagement, and operational visibility solutions.