Vitalhub (TSE:VHI) Announces Quarterly Earnings Results

Vitalhub (TSE:VHI) announced its quarterly earnings data on Thursday. The company reported C$0.03 earnings per share (EPS) for the quarter, reports. Vitalhub had a return on equity of 2.98% and a net margin of 6.13%.The firm had revenue of C$31.74 million during the quarter.

Vitalhub Stock Performance

TSE VHI traded down C$0.05 on Thursday, hitting C$7.04. 158,993 shares of the stock traded hands, compared to its average volume of 343,378. The firm has a market capitalization of C$445.35 million, a price-to-earnings ratio of 58.67, a PEG ratio of 1.18 and a beta of 0.91. The business’s fifty day moving average is C$7.13 and its two-hundred day moving average is C$7.58. Vitalhub has a 12 month low of C$6.46 and a 12 month high of C$14.64.

Wall Street Analyst Weigh In

Separately, National Bank Financial cut their price target on shares of Vitalhub from C$14.00 to C$11.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$13.14.

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.