WELL Health Technologies (TSE:WELL) Hits New 52-Week High – Here’s Why

WELL Health Technologies Corp. (TSE:WELL)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$5.98 and last traded at C$5.86, with a volume of 460271 shares traded. The stock had previously closed at C$5.86.

Analyst Ratings Changes

Several brokerages have commented 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 lowered their price target on shares of WELL Health Technologies from C$8.00 to C$7.00 and set a “buy” rating for the company in a research report on Tuesday, October 29th.

WELL Health Technologies Stock Performance

The company has a debt-to-equity ratio of 41.57, a quick ratio of 1.02 and a current ratio of 1.25. The stock has a market cap of C$1.50 billion, a PE ratio of 10.28, a P/E/G ratio of -1.93 and a beta of 1.20. The business’s fifty day moving average price is C$4.70 and its 200-day moving average price is C$4.50.

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.