WELL Health Technologies (TSE:WELL) Sets New 12-Month High – Still a Buy?

WELL Health Technologies Corp. (TSE:WELL)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$6.72 and last traded at C$6.71, with a volume of 717779 shares. The stock had previously closed at C$6.45.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Ventum Financial cut their price objective on WELL Health Technologies from C$8.00 to C$7.00 and set a “buy” rating for the company in a report on Tuesday, October 29th. CIBC boosted their price target on shares of WELL Health Technologies from C$5.00 to C$5.25 in a research report on Friday, November 8th.

WELL Health Technologies Trading Up 5.0 %

The company has a market cap of C$1.69 billion, a price-to-earnings ratio of 11.32, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. 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 business has a 50 day simple moving average of C$4.94 and a 200 day simple moving average of C$4.60.

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.