WELL Health Technologies (TSE:WELL) Shares Up 6.1%

Shares of WELL Health Technologies Corp. (TSE:WELL) were up 6.1% on Wednesday . The stock traded as high as C$3.86 and last traded at C$3.80. Approximately 673,360 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 885,491 shares. The stock had previously closed at C$3.58.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on WELL shares. Royal Bank of Canada set a C$5.50 target price on shares of WELL Health Technologies and gave the company an “outperform” rating in a research report on Tuesday, February 6th. Stifel Nicolaus reduced their price objective on WELL Health Technologies from C$11.00 to C$10.00 in a research report on Monday, April 29th. Pi Financial raised their price objective on WELL Health Technologies from C$8.25 to C$8.50 in a report on Wednesday, January 31st. Finally, CIBC lowered WELL Health Technologies from an “outperform” rating to a “neutral” rating and cut their target price for the stock from C$5.50 to C$4.75 in a research note on Monday, January 22nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, WELL Health Technologies currently has a consensus rating of “Moderate Buy” and an average target price of C$7.13.

WELL Health Technologies Stock Up 1.8 %

The company has a debt-to-equity ratio of 50.38, a current ratio of 1.15 and a quick ratio of 1.02. The company has a 50 day moving average of C$3.75 and a 200-day moving average of C$3.83. The company has a market capitalization of C$989.89 million, a P/E ratio of -185.00, a PEG ratio of -1.93 and a beta of 1.24.

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.