WELL Health Technologies (TSE:WELL) Trading Up 2.3% – Should You Buy?

WELL Health Technologies Corp. (TSE:WELL) shares were up 2.3% during mid-day trading on Friday . The stock traded as high as C$4.42 and last traded at C$4.38. Approximately 1,906,929 shares traded hands during trading, an increase of 30% from the average daily volume of 1,466,493 shares. The stock had previously closed at C$4.28.

Analyst Ratings Changes

Separately, Scotiabank decreased their price objective on WELL Health Technologies from C$7.00 to C$6.50 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, WELL Health Technologies currently has a consensus rating of “Buy” and an average target price of C$6.25.

WELL Health Technologies Stock Up 2.3%

The company has a fifty day moving average of C$4.05 and a two-hundred day moving average of C$4.05. The company has a market cap of C$1.12 billion, a PE ratio of 39.82, a price-to-earnings-growth ratio of -1.93 and a beta of 0.93. The company has a debt-to-equity ratio of 91.15, a quick ratio of 1.02 and a current ratio of 0.83.

WELL Health Technologies (TSE:WELL) last released its quarterly earnings results on Thursday, May 7th. The company reported C$0.06 earnings per share for the quarter. WELL Health Technologies had a return on equity of 3.15% and a net margin of 1.82%.The company had revenue of C$368.26 million for the quarter. As a group, analysts anticipate that WELL Health Technologies Corp. will post 0.3000698 earnings per share for the current fiscal year.

About WELL Health Technologies

WELL Health Technologies Corp is the owner and operator of a portfolio of Primary Hclinics delivering healthcare-related services It operates through below segments: clinical operations and allied health, Electronic medical record (EMR), Billing and revenue cycle management solutions, Digital apps, Cybersecurity, CRH, MyHealth, and corporate/shared services. Its segments are grouped in three divisions; Omni-channel Patient Services – Primary includes clinical operations and allied health. Omni-channel Patient Services – Specialized comprises CRH and MyHealth under two segments.