WELL Health Technologies (TSE:WELL) Shares Up 3.3% - Still a Buy?

WELL Health Technologies Corp. (TSE:WELL - Get Free Report) rose 3.3% during trading on Thursday . The company traded as high as C$4.05 and last traded at C$4.03. Approximately 1,320,169 shares were traded during trading, an increase of 44% from the average daily volume of 918,469 shares. The stock had previously closed at C$3.90.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on WELL shares. Royal Bank Of Canada decreased their price objective on shares of WELL Health Technologies from C$8.50 to C$7.50 and set an "outperform" rating for the company in a report on Monday, March 31st. 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. Ventum Financial lowered their price objective on WELL Health Technologies from C$8.00 to C$7.60 and set a "buy" rating for the company in a report on Wednesday, April 16th. TD Securities reduced their target price on WELL Health Technologies from C$8.50 to C$7.50 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Finally, CIBC decreased their target price on 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. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$8.08.

WELL Health Technologies Stock Down 1.2%

The company has a debt-to-equity ratio of 46.79, a current ratio of 1.14 and a quick ratio of 1.02. The stock's fifty day simple moving average is C$3.99 and its 200-day simple moving average is C$5.22. The stock has a market cap of C$994.69 million, a P/E ratio of 13.49, a PEG ratio of -1.93 and a beta of 1.20.

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.