WELL Health Technologies (TSE:WELL) Reaches New 1-Year High – Time to Buy?

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Ventum Financial cut 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. CIBC boosted their target price on WELL Health Technologies from C$5.00 to C$5.25 in a research note on Friday, November 8th.

WELL Health Technologies Stock Performance

The stock’s 50 day moving average is C$4.74 and its two-hundred day moving average is C$4.51. The stock has a market capitalization of C$1.62 billion, a price-to-earnings ratio of 11.42, a price-to-earnings-growth ratio of -1.93 and a beta of 1.20. The company has a current ratio of 1.25, a quick ratio of 1.02 and a debt-to-equity ratio of 41.57.

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.