WELL Health Technologies (TSE:WELL) Stock Price Up 3.3% - What's Next?

WELL Health Technologies Corp. (TSE:WELL - Get Free Report)'s share price was up 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 changed hands during trading, an increase of 44% from the average daily volume of 918,469 shares. The stock had previously closed at C$3.90.

Analysts Set New Price Targets

Several brokerages recently weighed in on WELL. Stifel Nicolaus dropped their price objective on WELL Health Technologies from C$10.00 to C$9.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Ventum Financial dropped their target price on shares of 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. 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 note on Wednesday, April 16th. Royal Bank Of Canada decreased their price target on shares of WELL Health Technologies from C$8.50 to C$7.50 and set an "outperform" rating on the stock in a report on Monday, March 31st. Finally, TD Securities lowered their price objective on shares of WELL Health Technologies from C$8.50 to C$7.50 and set a "buy" rating for the company in a research report on Wednesday, April 16th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$8.08.

WELL Health Technologies Trading Up 2.0%

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 business's fifty day moving average is C$3.99 and its 200-day moving average is C$5.16. The firm has a market cap of C$1.01 billion, a P/E ratio of 13.76, a price-to-earnings-growth 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.