WELL Health Technologies (TSE:WELL) Hits New 12-Month High – Here’s Why

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WELL. CIBC raised their price objective on WELL Health Technologies from C$5.00 to C$5.25 in a research report on Friday, November 8th. Ventum Financial dropped 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 report on Tuesday, October 29th.

WELL Health Technologies Stock Up 1.9 %

The company has a market cap of C$1.32 billion, a P/E ratio of 9.12, 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 stock has a fifty day moving average price of C$4.61 and a two-hundred day moving average price of C$4.45.

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.