WELL Health Technologies Corp. (TSE:WELL) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of WELL Health Technologies Corp. (TSE:WELL - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is C$8.08.

A number of research analysts have issued reports on WELL shares. Royal Bank Of Canada cut their target price on shares of WELL Health Technologies from C$8.50 to C$7.50 and set an "outperform" rating on the stock in a research report on Monday, March 31st. Stifel Nicolaus dropped their price target on shares of WELL Health Technologies from C$10.00 to C$9.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Scotiabank cut their price objective on shares of WELL Health Technologies from C$8.00 to C$7.00 and set an "outperform" rating on the stock in a report on Wednesday, April 16th. TD Securities lowered their target price on shares of WELL Health Technologies from C$8.50 to C$7.50 and set a "buy" rating for the company in a report on Wednesday, April 16th. Finally, CIBC dropped their target price on shares of WELL Health Technologies from C$7.00 to C$5.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th.

WELL Health Technologies Trading Up 2.0%

Shares of WELL traded up C$0.08 during trading hours on Monday, hitting C$4.06. 835,539 shares of the stock traded hands, compared to its average volume of 918,874. The business has a fifty day moving average of C$3.99 and a 200-day moving average of C$5.16. The firm has a market capitalization of C$1.01 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. WELL Health Technologies has a 1-year low of C$3.68 and a 1-year high of C$7.36. The company has a current ratio of 1.14, a quick ratio of 1.02 and a debt-to-equity ratio of 46.79.

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.