WELL Health Technologies (TSE:WELL) Sets New 1-Year High – Still a Buy?

WELL Health Technologies Corp. (TSE:WELL)’s stock price reached a new 52-week high on Tuesday . The company traded as high as C$5.38 and last traded at C$5.37, with a volume of 797268 shares. The stock had previously closed at C$5.20.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on WELL shares. CIBC raised their price target on shares of WELL Health Technologies from C$5.00 to C$5.25 in a research note on Friday, November 8th. Ventum Financial lowered their price target on shares of WELL Health Technologies from C$8.00 to C$7.00 and set a “buy” rating on the stock in a research note on Tuesday, October 29th.

WELL Health Technologies Stock Up 0.6 %

The company has a current ratio of 1.25, a quick ratio of 1.02 and a debt-to-equity ratio of 41.57. The firm’s 50 day moving average price is C$4.65 and its two-hundred day moving average price is C$4.47. The company has a market capitalization of C$1.36 billion, a price-to-earnings ratio of 9.54, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20.

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.