VerticalScope (TSE:FORA) Shares Down 0.4% - Here's What Happened

VerticalScope Holdings Inc. (TSE:FORA - Get Free Report)'s stock price fell 0.4% during trading on Monday . The company traded as low as C$2.67 and last traded at C$2.79. 25,500 shares traded hands during trading, an increase of 108% from the average session volume of 12,236 shares. The stock had previously closed at C$2.80.Get VerticalScope alerts:Analysts Set New Price TargetsA number of research firms have commented on FORA. National Bank Financial reduced their target price on VerticalScope from C$5.50 to C$4.50 and set a "sector perform" rating on the stock in a report on Wednesday, January 28th. Raymond James Financial reduced their target price on VerticalScope from C$7.50 to C$5.00 and set an "outperform" rating on the stock in a report on Wednesday, March 4th. Finally, TD Securities reduced their target price on VerticalScope from C$4.00 to C$3.00 and set a "hold" rating on the stock in a report on Thursday, March 5th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of C$4.83.Read Our Latest Stock Analysis on FORAVerticalScope Trading Down 0.4%The firm has a market cap of C$60.49 million, a P/E ratio of -7.54 and a beta of 0.17. The company has a debt-to-equity ratio of 60.61, a quick ratio of 0.79 and a current ratio of 2.62. The firm has a fifty day moving average of C$2.87 and a 200-day moving average of C$3.12. VerticalScope (TSE:FORA - Get Free Report) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported C($0.22) earnings per share (EPS) for the quarter. The company had revenue of C$20.22 million during the quarter. VerticalScope had a negative return on equity of 10.35% and a negative net margin of 13.83%. Equities research analysts forecast that VerticalScope Holdings Inc. will post 0.3740942 earnings per share for the current year. VerticalScope Company Profile (Get Free Report)VerticalScope Holdings Inc is a technology company that operates a cloud-based digital community platform comprising hyper-focused apps, forums, marketplaces, editorial, and e-commerce rating and brand review websites. Read MoreFive stocks we like better than VerticalScopeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in VerticalScope Right Now?Before you consider VerticalScope, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VerticalScope wasn't on the list.While VerticalScope currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here