Vitalhub (TSE:VHI) Stock Price Down 0.7% – Should You Sell?

Vitalhub Corp. (TSE:VHI) traded down 0.7% on Tuesday. The company traded as low as C$7.28 and last traded at C$7.33. 71,167 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 314,064 shares. The stock had previously closed at C$7.38.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group set a C$15.00 price objective on Vitalhub and gave the company a “buy” rating in a report on Friday, August 28th. One investment analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$13.00.

Vitalhub Stock Down 0.7%

The stock’s 50-day simple moving average is C$7.59 and its two-hundred day simple moving average is C$7.44. The company has a market capitalization of C$464.27 million, a price-to-earnings ratio of 61.08, a PEG ratio of 1.18 and a beta of 1.14.

Vitalhub (TSE:VHI) last posted its quarterly earnings data on Thursday, August 6th. The company reported C$0.03 earnings per share (EPS) for the quarter. The business had revenue of C$31.74 million for the quarter. Vitalhub had a net margin of 5.89% and a return on equity of 2.79%. On average, sell-side analysts forecast that Vitalhub Corp. will post 0.2296467 EPS for the current year.

About Vitalhub

VitalHub is a leading software company dedicated to empowering health and human services providers globally. VitalHub’s comprehensive product suite includes electronic health records, operational intelligence, and workforce automation solutions that serve over 1,300 clients across the UK, Canada, and other geographies. The Company has a robust two-pronged growth strategy, targeting organic opportunities within its product suite and pursuing an aggressive M&A plan. VitalHub is headquartered in Toronto with over 700 employees globally, across key regions and the VitalHub Innovations Lab in Sri Lanka.