VerticalScope Holdings Inc. (TSE:FORA) Senior Officer Brandon Seibel Sells 12,500 Shares of Stock

VerticalScope Holdings Inc. (TSE:FORA) Senior Officer Brandon Seibel sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, January 20th. The shares were sold at an average price of C$11.00, for a total transaction of C$137,500.00.

VerticalScope Trading Up 5.3 %

Shares of FORA stock opened at C$11.37 on Tuesday. VerticalScope Holdings Inc. has a 1 year low of C$4.01 and a 1 year high of C$11.45. The firm’s fifty day simple moving average is C$10.03 and its 200 day simple moving average is C$9.05. The firm has a market capitalization of C$211.71 million, a P/E ratio of 162.43 and a beta of -0.02. The company has a current ratio of 1.80, a quick ratio of 0.79 and a debt-to-equity ratio of 63.66.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. TD Securities raised their price objective on shares of VerticalScope from C$16.00 to C$17.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Canaccord Genuity Group lifted their price target on shares of VerticalScope from C$14.00 to C$17.00 in a research report on Thursday, November 14th. Eight Capital lifted their price target on shares of VerticalScope from C$15.00 to C$18.00 in a research report on Monday, December 2nd. CIBC lifted their price target on shares of VerticalScope from C$9.00 to C$10.00 in a research report on Thursday, November 14th. Finally, National Bankshares lifted their price target on shares of VerticalScope from C$11.50 to C$13.00 in a research report on Thursday, November 14th.

VerticalScope Company Profile

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.