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

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on WELL shares. Scotiabank upped their price objective on shares of WELL Health Technologies from C$6.00 to C$7.00 in a research note on Monday, December 16th. TD Securities upped their target price on shares of WELL Health Technologies from C$8.00 to C$8.50 in a report on Tuesday, December 17th. Haywood Securities upped their target price on shares of WELL Health Technologies from C$8.00 to C$10.00 in a report on Friday, December 13th. Raymond James upped their target price on shares of WELL Health Technologies from C$10.00 to C$11.00 in a report on Tuesday, December 17th. Finally, CIBC upped their target price on shares of WELL Health Technologies from C$5.25 to C$7.00 in a report on Friday, December 13th.

WELL Health Technologies Stock Up 0.5 %

The stock has a market capitalization of C$1.53 billion, a PE ratio of 20.74, a PEG ratio of -1.93 and a beta of 1.20. The firm’s fifty day moving average is C$6.59 and its 200-day moving average is C$5.43. The company has a quick ratio of 1.02, a current ratio of 1.14 and a debt-to-equity ratio of 46.79.

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.