Rob Laidlaw Sells 8,500 Shares of VerticalScope Holdings Inc. (TSE:FORA) Stock

VerticalScope Holdings Inc. (TSE:FORA) Director Rob Laidlaw sold 8,500 shares of the business’s stock in a transaction on Thursday, January 23rd. The shares were 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 Price Performance

Shares of VerticalScope stock traded down C$0.24 on Monday, hitting C$12.09. 3,750 shares of the company traded hands, compared to its average volume of 44,250. The firm’s 50-day simple moving average is C$10.31 and its 200 day simple moving average is C$9.14. The company has a current ratio of 1.80, a quick ratio of 0.79 and a debt-to-equity ratio of 63.66. The company has a market cap of C$225.12 million, a P/E ratio of 172.71 and a beta of -0.02. VerticalScope Holdings Inc. has a 12-month low of C$4.01 and a 12-month high of C$12.77.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Canaccord Genuity Group upped their target price on shares of VerticalScope from C$14.00 to C$17.00 in a report on Thursday, November 14th. Raymond James upped their target price on shares of VerticalScope from C$11.50 to C$13.00 in a report on Wednesday, November 13th. Eight Capital upped their target price on shares of VerticalScope from C$15.00 to C$18.00 in a report on Monday, December 2nd. TD Securities upped 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. Finally, Royal Bank of Canada upped their price objective on shares of VerticalScope from C$15.00 to C$16.00 in a research report 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.