Insider Selling: VerticalScope Holdings Inc. (TSE:FORA) Director Sells 8,500 Shares of Stock

VerticalScope Holdings Inc. (TSE:FORA) Director Rob Laidlaw sold 8,500 shares of VerticalScope stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of C$12.62, for a total transaction of C$107,270.00.

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

• On Wednesday, January 8th, Rob Laidlaw sold 3,300 shares of VerticalScope stock. The shares were sold at an average price of C$10.76, for a total transaction of C$35,501.40.

VerticalScope Stock Performance

TSE FORA traded down C$0.24 on Monday, hitting C$12.09. 3,750 shares of the company’s stock traded hands, compared to its average volume of 44,250. The company has a current ratio of 1.80, a quick ratio of 0.79 and a debt-to-equity ratio of 63.66. VerticalScope Holdings Inc. has a 1-year low of C$4.01 and a 1-year high of C$12.77. The firm’s 50-day moving average price is C$10.31 and its two-hundred day moving average price is C$9.14. The firm has a market capitalization of C$225.12 million, a PE ratio of 172.71 and a beta of -0.02.

Analysts Set New Price Targets

FORA has been the subject of several recent research reports. Canaccord Genuity Group boosted their target price on shares of VerticalScope from C$14.00 to C$17.00 in a research report on Thursday, November 14th. National Bankshares upped their price target on shares of VerticalScope from C$11.50 to C$13.00 in a research report on Thursday, November 14th. TD Securities boosted their target price on shares of VerticalScope from C$16.00 to C$17.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. CIBC boosted their target price on shares of VerticalScope from C$9.00 to C$10.00 in a report on Thursday, November 14th. Finally, Royal Bank of Canada upped their price target on shares of VerticalScope from C$15.00 to C$16.00 in a research note on Thursday, November 14th.

About VerticalScope

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.