WELL Health Technologies (TSE:WELL) Hits New 1-Year Low – What’s Next?

WELL Health Technologies Corp. (TSE:WELL)’s share price hit a new 52-week low on Wednesday. The company traded as low as C$3.54 and last traded at C$3.67, with a volume of 311,060 shares. The stock had previously closed at C$3.59.

Analysts Set New Price Targets

Separately, TD set a C$8.50 price target on WELL Health Technologies and gave the company a “buy” rating in a report on Monday, October 5th. Five equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$7.40.

WELL Health Technologies Stock Up 1.6%

The stock has a market capitalization of C$972.56 million, a price-to-earnings ratio of -7.58, a price-to-earnings-growth ratio of -1.93 and a beta of 0.51. The firm has a 50-day moving average of C$4.21 and a 200 day moving average of C$4.18. The company has a current ratio of 1.76, a quick ratio of 1.02 and a debt-to-equity ratio of 113.98.

WELL Health Technologies (TSE:WELL) last posted its quarterly earnings data on Monday, November 9th. The company reported C$0.11 earnings per share (EPS) for the quarter. WELL Health Technologies had a negative net margin of 8.25% and a negative return on equity of 15.34%. The company had revenue of C$407.40 million for the quarter. On average, sell-side analysts anticipate that WELL Health Technologies Corp. will post 0.30 earnings per share for the current year.

WELL Health Technologies Company Profile

WELL Health Technologies Corp. (TSX: WELL) is Canada’s largest outpatient healthcare company and a leading provider of technology-enabled healthcare solutions. WELL is building the infrastructure for a healthier Canada, where every patient gets better care, every provider is empowered by AI, and every piece of health data is protected. WELL owns and operates more than 250 clinics in Canada, supporting more than 5 million annual patient visits. Through its subsidiary WELLSTAR, WELL provides electronic medical records, AI-powered clinical tools, patient engagement platforms and IT management services.