WELL Health Technologies (TSE:WELL) Sets New 12-Month High – Time to Buy?

WELL Health Technologies Corp. (TSE:WELL)’s share price hit a new 52-week high on Monday . The company traded as high as C$7.21 and last traded at C$7.16, with a volume of 164546 shares traded. The stock had previously closed at C$7.10.

Analyst Ratings Changes

A number of equities research analysts have recently commented on WELL shares. Scotiabank raised their target price on WELL Health Technologies from C$6.00 to C$7.00 in a research report on Monday, December 16th. Ventum Financial decreased their target price on 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 price target on shares of WELL Health Technologies from C$5.25 to C$7.00 in a report on Friday, December 13th. Raymond James increased their price objective on shares of WELL Health Technologies from C$10.00 to C$11.00 in a report on Tuesday, December 17th. Finally, Haywood Securities upped their price target on shares of WELL Health Technologies from C$8.00 to C$10.00 in a research report on Friday, December 13th.

WELL Health Technologies Stock Performance

The company has a market cap of C$1.76 billion, a price-to-earnings ratio of 12.37, a PEG ratio of -1.93 and a beta of 1.20. The firm’s 50 day simple moving average is C$5.50 and its 200-day simple moving average is C$4.85. The company has a debt-to-equity ratio of 41.57, a quick ratio of 1.02 and a current ratio of 1.25.

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.