VerticalScope Holdings Inc. (TSE:FORA) Senior Officer Christopher Michael Goodridge Acquires 12,500 Shares of Stock

VerticalScope Holdings Inc. (TSE:FORA) Senior Officer Christopher Michael Goodridge purchased 12,500 shares of VerticalScope stock in a transaction that occurred on Friday, November 15th. The shares were bought at an average price of C$8.70 per share, with a total value of C$108,750.00.

Christopher Michael Goodridge also recently made the following trade(s):

• On Wednesday, September 11th, Christopher Michael Goodridge bought 5,000 shares of VerticalScope stock. The shares were acquired at an average cost of C$8.54 per share, with a total value of C$42,700.00.
• On Friday, August 30th, Christopher Michael Goodridge sold 400 shares of VerticalScope stock. The stock was sold at an average price of C$8.89, for a total value of C$3,556.00.

VerticalScope Stock Performance

Shares of FORA opened at C$8.50 on Tuesday. The company’s 50 day simple moving average is C$8.28 and its 200 day simple moving average is C$8.69. VerticalScope Holdings Inc. has a 1 year low of C$4.01 and a 1 year high of C$11.00. The company has a market capitalization of C$158.27 million, a price-to-earnings ratio of 121.43 and a beta of -0.02. The company has a debt-to-equity ratio of 63.66, a quick ratio of 0.79 and a current ratio of 1.80.

Analyst Ratings Changes

Several analysts have issued reports on the company. TD Securities upped their target price on VerticalScope from C$16.00 to C$17.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Royal Bank of Canada upped their target price on shares of VerticalScope from C$15.00 to C$16.00 in a research note on Thursday, November 14th. CIBC lifted their price objective on VerticalScope from C$9.00 to C$10.00 in a research note on Thursday, November 14th. Canaccord Genuity Group increased their price target on shares of VerticalScope from C$14.00 to C$17.00 in a research note on Thursday, November 14th. Finally, National Bankshares raised their price objective on VerticalScope from C$11.50 to C$13.00 in a report on Thursday, November 14th.

VerticalScope Company Profile

VerticalScope Holdings Inc, a technology company, operates a cloud-based digital community platform for online enthusiast communities in the United States, Canada, the United Kingdom, and internationally. The company provides digital advertising services comprising direct advertising campaigns serve primarily in original equipment manufacturers, retailers, and insurance providers; programmatic advertising which includes the monetization of display and video impressions, and private marketplace and programmatic guaranteed advertising; and custom content solutions that manages and produces branded content for advertisers, including product reviews, articles, e-mail features, and short videos; and provides e-commerce solutions.