WELL Health Technologies Corp. (TSE:WELL) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of WELL Health Technologies Corp. (TSE:WELL) have received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$7.13.

WELL has been the subject of a number of recent analyst reports. CIBC cut shares of WELL Health Technologies from an “outperform” rating to a “neutral” rating and decreased their price target for the company from C$5.50 to C$4.75 in a report on Monday, January 22nd. Pi Financial raised their target price on WELL Health Technologies from C$8.25 to C$8.50 in a report on Wednesday, January 31st. Stifel Nicolaus reduced their price objective on WELL Health Technologies from C$11.00 to C$10.00 in a research report on Monday, April 29th. Finally, Royal Bank of Canada set a C$5.50 target price on shares of WELL Health Technologies and gave the stock an “outperform” rating in a research report on Tuesday, February 6th.

WELL Health Technologies Trading Up 10.6 %

TSE:WELL opened at C$3.96 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.15 and a debt-to-equity ratio of 50.38. The company’s 50 day moving average is C$3.75 and its 200-day moving average is C$3.83. The firm has a market cap of C$972.69 million, a price-to-earnings ratio of -185.00, a P/E/G ratio of -1.93 and a beta of 1.24. WELL Health Technologies has a 12 month low of C$3.41 and a 12 month high of C$5.64.

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.