WELL Health Technologies (TSE:WELL) Trading Down 4.2% – Should You Sell?

WELL Health Technologies Corp. (TSE:WELL)’s stock price dropped 4.2% on Monday . The stock traded as low as C$4.36 and last traded at C$4.37. Approximately 956,179 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 793,276 shares. The stock had previously closed at C$4.56.

Analysts Set New Price Targets

Separately, CIBC upped their target price on WELL Health Technologies from C$4.75 to C$5.00 in a report on Friday, August 16th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$6.96.

WELL Health Technologies Stock Performance

The business has a 50-day moving average of C$4.45 and a 200 day moving average of C$4.27. The company has a market cap of C$1.09 billion, a PE ratio of 7.67, a PEG 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.

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.