WELL Health Technologies (TSE:WELL) Stock Price Down 2.1% – What’s Next?

WELL Health Technologies Corp. (TSE:WELL)’s share price traded down 2.1% on Thursday . The company traded as low as C$6.27 and last traded at C$6.41. 192,400 shares were traded during mid-day trading, a decline of 76% from the average session volume of 791,515 shares. The stock had previously closed at C$6.55.

Wall Street Analysts Forecast Growth

WELL has been the topic of several research analyst reports. Haywood Securities lifted their price target on shares of WELL Health Technologies from C$8.00 to C$10.00 in a research note on Friday, December 13th. Raymond James lifted their target price on WELL Health Technologies from C$10.00 to C$11.00 in a research report on Tuesday, December 17th. Royal Bank of Canada upped their target price on WELL Health Technologies from C$7.00 to C$8.50 in a research report on Tuesday, January 7th. Ventum Financial lifted their price target on WELL Health Technologies from C$7.50 to C$8.00 in a research report on Thursday. Finally, TD Securities increased their price objective on WELL Health Technologies from C$8.00 to C$8.50 in a report on Tuesday, December 17th.

WELL Health Technologies Stock Performance

The company has a debt-to-equity ratio of 41.57, a current ratio of 1.25 and a quick ratio of 1.02. The company has a market capitalization of C$1.48 billion, a PE ratio of 10.40, a P/E/G ratio of -1.93 and a beta of 1.20. The stock has a 50-day simple moving average of C$6.61 and a 200 day simple moving average of C$5.30.

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.