WELL Health Technologies (CVE:WELL) Trading Up 3.1%

Shares of WELL Health Technologies Corp (CVE:WELL) were up 3.1% on Friday . The company traded as high as C$1.69 and last traded at C$1.65, approximately 305,024 shares were traded during mid-day trading. A decline of 13% from the average daily volume of 351,226 shares. The stock had previously closed at C$1.60.

A number of research analysts recently weighed in on WELL shares. GMP Securities raised their price objective on WELL Health Technologies from C$1.15 to C$2.25 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Eight Capital raised their price objective on WELL Health Technologies from C$2.00 to C$2.15 in a research note on Friday, August 23rd. Finally, Haywood Securities downgraded WELL Health Technologies from a “buy” rating to a “hold” rating and raised their price objective for the company from C$1.10 to C$1.70 in a research note on Wednesday, July 24th.

The firm has a market capitalization of $152.09 million and a P/E ratio of -45.83. The company has a quick ratio of 1.58, a current ratio of 1.71 and a debt-to-equity ratio of 173.84. The business has a 50-day moving average price of C$1.64 and a 200-day moving average price of C$0.93.

WELL Health Technologies Company Profile (CVE:WELL)

WELL Health Technologies Corp. owns and operates a portfolio of primary healthcare facilities. The company was formerly known as Wellness Lifestyles Inc and changed its name to WELL Health Technologies Corp. in July 2018. WELL Health Technologies Corp. is based in Vancouver, Canada.

See Also: Earnings Per Share (EPS)

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