WELL Health Technologies (TSE:WELL) Shares Down 2.1% – Should You Sell?

WELL Health Technologies Corp. (TSE:WELL) shares fell 2.1% on Thursday . The stock traded as low as C$6.27 and last traded at C$6.41. 192,400 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 791,515 shares. The stock had previously closed at C$6.55.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on WELL shares. Ventum Financial lifted their price objective on WELL Health Technologies from C$7.50 to C$8.00 in a research report on Thursday. Scotiabank lifted their price target on WELL Health Technologies from C$6.00 to C$7.00 in a report on Monday, December 16th. TD Securities upped their price objective on shares of WELL Health Technologies from C$8.00 to C$8.50 in a research note on Tuesday, December 17th. CIBC raised their target price on shares of WELL Health Technologies from C$5.25 to C$7.00 in a research report on Friday, December 13th. 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 stock’s 50-day moving average price is C$6.61 and its 200-day moving average price is C$5.30. The company has a current ratio of 1.25, a quick ratio of 1.02 and a debt-to-equity ratio of 41.57. The company has a market capitalization of C$1.48 billion, a P/E ratio of 10.40, a P/E/G ratio of -1.93 and a beta of 1.20.

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.