WELL Health Technologies (TSE:WELL) Hits New 12-Month Low at $3.56

Shares of WELL Health Technologies Corp. (TSE:WELL) hit a new 52-week low during trading on Monday . The company traded as low as C$3.56 and last traded at C$3.58, with a volume of 462132 shares trading hands. The stock had previously closed at C$3.62.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on WELL shares. CIBC cut WELL Health Technologies from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from C$5.50 to C$4.75 in a research report on Monday, January 22nd. Pi Financial increased their target price on shares of WELL Health Technologies from C$8.25 to C$8.50 in a research report on Wednesday, January 31st. Finally, Royal Bank of Canada set a C$5.50 price target on shares of WELL Health Technologies and gave the stock an “outperform” rating in a research report on Tuesday, February 6th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$7.39.

WELL Health Technologies Trading Down 0.3 %

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 stock has a market capitalization of C$859.71 million, a price-to-earnings ratio of -185.00, a price-to-earnings-growth ratio of -1.93 and a beta of 1.27. The business has a fifty day moving average of C$3.83 and a 200-day moving average of C$3.88.

About WELL Health Technologies

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.