WELL Health Technologies (TSE:WELL) Trading 6.1% Higher

WELL Health Technologies Corp. (TSE:WELL)’s stock price was up 6.1% on Wednesday . The company traded as high as C$3.86 and last traded at C$3.80. Approximately 673,360 shares changed hands 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.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on WELL shares. 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 report on Tuesday, February 6th. Pi Financial boosted their price target on shares of WELL Health Technologies from C$8.25 to C$8.50 in a report on Wednesday, January 31st. Stifel Nicolaus cut their price target on shares of WELL Health Technologies from C$11.00 to C$10.00 in a report on Monday, April 29th. Finally, CIBC downgraded shares of WELL Health Technologies from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from C$5.50 to C$4.75 in a report 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’s stock. According to data from MarketBeat.com, WELL Health Technologies has an average rating of “Moderate Buy” and an average target price of C$7.13.

WELL Health Technologies Stock Performance

The company has a 50-day moving average price of C$3.75 and a two-hundred day moving average price of C$3.83. The stock has a market capitalization of C$955.50 million, a P/E ratio of -185.00, a PEG ratio of -1.93 and a beta of 1.24. The company has a quick ratio of 1.02, a current ratio of 1.15 and a debt-to-equity ratio of 50.38.

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.