Analysts’ Recent Ratings Changes for VerticalScope (FORA)

Several analysts have recently updated their ratings and price targets for VerticalScope (TSE: FORA):

• 12/2/2024 – VerticalScope had its price target raised by analysts at Eight Capital from C$15.00 to C$18.00.
• 11/14/2024 – VerticalScope had its price target raised by analysts at TD Securities from C$16.00 to C$17.00. They now have a “buy” rating on the stock.
• 11/14/2024 – VerticalScope had its price target raised by analysts at Canaccord Genuity Group Inc. from C$14.00 to C$17.00.
• 11/14/2024 – VerticalScope had its price target raised by analysts at CIBC from C$9.00 to C$10.00.
• 11/14/2024 – VerticalScope had its price target raised by analysts at National Bankshares, Inc. from C$11.50 to C$13.00.
• 11/14/2024 – VerticalScope had its price target raised by analysts at Royal Bank of Canada from C$15.00 to C$16.00.
• 11/13/2024 – VerticalScope had its price target raised by analysts at Raymond James from C$11.50 to C$13.00.
• 10/15/2024 – VerticalScope was downgraded by analysts at CIBC from an “outperform” rating to a “neutral” rating. They now have a C$9.00 price target on the stock, down previously from C$12.00.

VerticalScope Stock Up 2.5 %

Shares of TSE FORA traded up C$0.25 during trading on Tuesday, reaching C$10.20. The company had a trading volume of 28,491 shares, compared to its average volume of 25,587. The company has a quick ratio of 0.79, a current ratio of 1.80 and a debt-to-equity ratio of 63.66. VerticalScope Holdings Inc. has a 12-month low of C$4.01 and a 12-month high of C$11.00. The stock has a market cap of C$189.92 million, a PE ratio of 145.71 and a beta of -0.02. The business’s 50-day moving average is C$8.29 and its 200 day moving average is C$8.70.

Insiders Place Their Bets

In related news, Senior Officer Christopher Michael Goodridge bought 5,000 shares of the company’s stock in a transaction dated Wednesday, September 11th. The stock was purchased at an average price of C$8.54 per share, for a total transaction of C$42,700.00. Also, Director Rob Laidlaw bought 10,000 shares of the company’s stock in a transaction dated Monday, October 21st. The stock was bought at an average price of C$7.73 per share, with a total value of C$77,258.00. Over the last three months, insiders have bought 27,500 shares of company stock valued at $228,708. Insiders own 37.10% of the company’s stock.

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.