WELL Health Technologies (TSE:WELL) Hits New 1-Year High After Analyst Upgrade

WELL Health Technologies Corp. (TSE:WELL) shares reached a new 52-week high on Monday after CIBC raised their price target on the stock from C$5.25 to C$7.00. The stock traded as high as C$7.05 and last traded at C$7.02, with a volume of 967704 shares traded. The stock had previously closed at C$6.79.

WELL has been the topic of a number of other research reports. Ventum Financial lowered their target price on shares of WELL Health Technologies from C$8.00 to C$7.00 and set a “buy” rating on the stock in a report on Tuesday, October 29th. Haywood Securities boosted their price objective on WELL Health Technologies from C$8.00 to C$10.00 in a research note on Friday.

WELL Health Technologies Price Performance

The company has a market capitalization of C$1.75 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. The company has a quick ratio of 1.02, a current ratio of 1.25 and a debt-to-equity ratio of 41.57. The firm’s 50-day moving average is C$5.14 and its 200-day moving average is C$4.69.

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.