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

WELL Health Technologies Corp. (TSE:WELL - Get Free Report) has received a consensus rating of "Moderate Buy" from the six brokerages that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$8.08.

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

WELL Health Technologies Price Performance

TSE:WELL traded up C$0.03 during mid-day trading on Thursday, hitting C$4.04. 395,589 shares of the company's stock traded hands, compared to its average volume of 936,596. The company has a debt-to-equity ratio of 46.79, a quick ratio of 1.02 and a current ratio of 1.14. The firm's 50 day simple moving average is C$4.05 and its 200 day simple moving average is C$5.40. 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 market cap of C$1.01 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20.

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.