Steve Garrington Sells 10,000 Shares of Vitalhub (TSE:VHI) Stock

Vitalhub Corp. (TSE:VHI) Director Steve Garrington sold 10,000 shares of Vitalhub stock in a transaction on Friday, June 5th. The shares were sold at an average price of C$7.17, for a total transaction of C$71,700.00. Following the completion of the transaction, the director owned 50,000 shares in the company, valued at approximately C$358,500. This trade represents a 16.67% decrease in their position.

Vitalhub Stock Down 3.0%

Shares of VHI opened at C$7.08 on Thursday. The firm has a market cap of C$447.88 million, a PE ratio of 59.00, a price-to-earnings-growth ratio of 1.18 and a beta of 0.88. The company’s fifty day moving average is C$7.48 and its two-hundred day moving average is C$8.16. Vitalhub Corp. has a fifty-two week low of C$6.67 and a fifty-two week high of C$14.64.

Vitalhub (TSE:VHI) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$31.91 million for the quarter. Vitalhub had a net margin of 6.13% and a return on equity of 2.98%. As a group, equities research analysts anticipate that Vitalhub Corp. will post 0.2296467 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on VHI shares. Raymond James Financial decreased their price target on shares of Vitalhub from C$15.00 to C$11.00 and set an “outperform” rating on the stock in a report on Tuesday, March 24th. ATB Cormark Capital Markets reduced their target price on shares of Vitalhub from C$16.50 to C$15.00 and set an “outperform” rating on the stock in a report on Tuesday, March 10th. Finally, National Bank Financial reduced their target price 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 analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$13.14.

About Vitalhub

Vitalhub Corp is Canada-based firm that develops technology solutions for health and human services providers in the mental health (child through adult), long term care, community health service, home health, social service, and acute care sectors. Its technologies include blockchain, mobile, patient flow, web-based assessment, and electronic health record solutions.