WELL Health Technologies (TSE:WELL) Trading Up 0.6% – What’s Next?

WELL Health Technologies Corp. (TSE:WELL)’s stock price shot up 0.6% during trading on Monday . The stock traded as high as C$4.77 and last traded at C$4.68. 627,369 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 950,777 shares. The stock had previously closed at C$4.65.

Analyst Ratings Changes

A number of equities analysts have issued reports on WELL shares. Scotiabank reduced their price target on shares of WELL Health Technologies from C$8.00 to C$7.00 and set an “outperform” rating for the company in a research report on Wednesday, April 16th. Stifel Nicolaus lowered their price target on WELL Health Technologies from C$10.00 to C$9.00 and set a “buy” rating for the company in a report on Wednesday, April 16th. TD Securities decreased their price objective on WELL Health Technologies from C$8.50 to C$7.50 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. Ventum Financial lowered their price objective on WELL Health Technologies from C$8.00 to C$7.60 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Finally, CIBC dropped their price objective on WELL Health Technologies from C$7.00 to C$5.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 16th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, WELL Health Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of C$8.08.

WELL Health Technologies Trading Up 0.6%

The company has a debt-to-equity ratio of 46.79, a current ratio of 1.14 and a quick ratio of 1.02. The company has a market cap of C$1.17 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. The business has a 50 day simple moving average of C$4.18 and a 200 day simple moving average of C$4.92.

WELL Health Technologies Company Profile

WELL Health Technologies Corp. operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally. It provides omni-channel patient services and solutions to specific markets, such as provider staffing, anesthesia, gastrointestinal health, women's health, primary care, and mental healthcare.