WELL Health Technologies (TSE:WELL) Shares Down 0.9% - Should You Sell?

Shares of WELL Health Technologies Corp. (TSE:WELL - Get Free Report) fell 0.9% during mid-day trading on Wednesday . The company traded as low as C$4.34 and last traded at C$4.36. 239,956 shares were traded during mid-day trading, a decline of 70% from the average session volume of 810,787 shares. The stock had previously closed at C$4.40.

Analyst Upgrades and Downgrades

Separately, CIBC upped their price target on WELL Health Technologies from C$4.75 to C$5.00 in a report on Friday, August 16th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, WELL Health Technologies currently has an average rating of "Moderate Buy" and a consensus price target of C$6.96.

WELL Health Technologies Stock Down 1.4 %

The firm has a market cap of C$1.07 billion, a price-to-earnings ratio of 7.65, a price-to-earnings-growth ratio of -1.93 and a beta of 1.21. The stock has a 50-day moving average of C$4.52 and a 200-day moving average of C$4.18. The company has a current ratio of 1.25, a quick ratio of 1.02 and a debt-to-equity ratio of 41.57.

Insider Transactions at WELL Health Technologies

In other news, Senior Officer Eva Fong sold 10,000 shares of the company's stock in a transaction on Friday, July 5th. The stock was sold at an average price of C$4.80, for a total value of C$48,000.00. Company insiders own 6.80% of the company's stock.

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.