Rob Laidlaw Sells 3,300 Shares of VerticalScope Holdings Inc. (TSE:FORA) Stock

VerticalScope Holdings Inc. (TSE:FORA) Director Rob Laidlaw sold 3,300 shares of VerticalScope stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of C$10.76, for a total transaction of C$35,501.40.

Rob Laidlaw also recently made the following trade(s):

• On Monday, October 21st, Rob Laidlaw bought 10,000 shares of VerticalScope stock. The shares were acquired at an average cost of C$7.73 per share, with a total value of C$77,258.00.

VerticalScope Stock Performance

Shares of TSE FORA opened at C$10.31 on Friday. The firm’s 50-day moving average price is C$9.70 and its 200-day moving average price is C$8.98. VerticalScope Holdings Inc. has a 52-week low of C$4.01 and a 52-week high of C$11.45. The company has a market cap of C$191.97 million, a PE ratio of 147.29 and a beta of -0.02. The company has a quick ratio of 0.79, a current ratio of 1.80 and a debt-to-equity ratio of 63.66.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FORA. Royal Bank of Canada raised their price objective on VerticalScope from C$15.00 to C$16.00 in a research report on Thursday, November 14th. CIBC lifted their price target on VerticalScope from C$9.00 to C$10.00 in a research report on Thursday, November 14th. National Bankshares increased their price objective on shares of VerticalScope from C$11.50 to C$13.00 in a research report on Thursday, November 14th. Canaccord Genuity Group lifted their target price on shares of VerticalScope from C$14.00 to C$17.00 in a report on Thursday, November 14th. Finally, Eight Capital increased their price target on shares of VerticalScope from C$15.00 to C$18.00 in a report on Monday, December 2nd.

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.