WELL Health Technologies (TSE:WELL) Stock Price Down 2.6% – What’s Next?

WELL Health Technologies Corp. (TSE:WELL) shares dropped 2.6% on Thursday . The company traded as low as C$6.01 and last traded at C$6.09. Approximately 557,700 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 787,948 shares. The stock had previously closed at C$6.25.

Wall Street Analyst Weigh In

WELL has been the topic of a number of research reports. Scotiabank raised their target price on shares of WELL Health Technologies from C$6.00 to C$7.00 in a research note on Monday, December 16th. Haywood Securities lifted their price target on shares of WELL Health Technologies from C$8.00 to C$10.00 in a research report on Friday, December 13th. Royal Bank of Canada lifted their price target on shares of WELL Health Technologies from C$7.00 to C$8.50 in a research report on Tuesday, January 7th. CIBC lifted their price target on shares of WELL Health Technologies from C$5.25 to C$7.00 in a research report on Friday, December 13th. Finally, TD Securities lifted their price target on shares of WELL Health Technologies from C$8.00 to C$8.50 in a research report on Tuesday, December 17th.

WELL Health Technologies Trading Up 0.5 %

The company has a market cap of C$1.53 billion, a PE ratio of 20.74, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. The company has a quick ratio of 1.02, a current ratio of 1.14 and a debt-to-equity ratio of 46.79. The business has a 50-day simple moving average of C$6.59 and a 200-day simple moving average of C$5.43.

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.