WELL Health Technologies (TSE:WELL) Trading Up 2.3% – Still a Buy?

Shares of WELL Health Technologies Corp. (TSE:WELL) were up 2.3% during mid-day trading on Friday . The stock traded as high as C$4.42 and last traded at C$4.38. Approximately 1,906,929 shares changed hands during mid-day trading, an increase of 30% from the average daily volume of 1,466,493 shares. The stock had previously closed at C$4.28.

Analyst Ratings Changes

Separately, Scotiabank cut their price target on WELL Health Technologies from C$7.00 to C$6.50 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$6.25.

WELL Health Technologies Trading Up 2.3%

The company has a quick ratio of 1.02, a current ratio of 0.83 and a debt-to-equity ratio of 91.15. The firm has a market capitalization of C$1.12 billion, a P/E ratio of 39.82, a PEG ratio of -1.93 and a beta of 0.93. The firm has a 50 day moving average of C$4.05 and a 200-day moving average of C$4.05.

WELL Health Technologies (TSE:WELL) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.06 earnings per share (EPS) for the quarter. The business had revenue of C$368.26 million during the quarter. WELL Health Technologies had a return on equity of 3.15% and a net margin of 1.82%. On average, equities research analysts predict that WELL Health Technologies Corp. will post 0.3000698 earnings per share for the current fiscal year.

About WELL Health Technologies

WELL Health Technologies Corp is the owner and operator of a portfolio of Primary Hclinics delivering healthcare-related services It operates through below segments: clinical operations and allied health, Electronic medical record (EMR), Billing and revenue cycle management solutions, Digital apps, Cybersecurity, CRH, MyHealth, and corporate/shared services. Its segments are grouped in three divisions; Omni-channel Patient Services – Primary includes clinical operations and allied health. Omni-channel Patient Services – Specialized comprises CRH and MyHealth under two segments.