WELL Health Technologies (TSE:WELL) Trading 8.7% Higher - Should You Buy?

WELL Health Technologies Corp. (TSE:WELL - Get Free Report)'s stock price traded up 8.7% during trading on Tuesday . The stock traded as high as C$4.61 and last traded at C$4.60. 811,463 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 929,430 shares. The stock had previously closed at C$4.23.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Stifel Nicolaus cut their price target on WELL Health Technologies from C$10.00 to C$9.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Ventum Financial lowered their price target on WELL Health Technologies from C$8.00 to C$7.60 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Scotiabank lowered their price target on WELL Health Technologies from C$8.00 to C$7.00 and set an "outperform" rating for the company in a research report on Wednesday, April 16th. CIBC lowered their price target 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. Finally, TD Securities lowered their price target on 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 assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$8.08.

WELL Health Technologies Price Performance

The stock has a fifty day simple moving average of C$4.07 and a two-hundred day simple moving average of C$5.04. The company has a market cap of C$1.17 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. The company has a current ratio of 1.14, a quick ratio of 1.02 and a debt-to-equity ratio of 46.79.

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.