WELL Health Technologies (TSE:WELL) Shares Down 4.2% - Time to Sell?

WELL Health Technologies Corp. (TSE:WELL - Get Free Report)'s stock price dropped 4.2% during trading on Monday . The stock traded as low as C$4.36 and last traded at C$4.37. Approximately 956,179 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 793,276 shares. The stock had previously closed at C$4.56.

Analyst Upgrades and Downgrades

WELL has been the subject of a number of recent research reports. CIBC lifted their target price on WELL Health Technologies from C$4.75 to C$5.00 in a report on Friday, August 16th. Ventum Financial lowered their price target on shares of WELL Health Technologies from C$8.00 to C$7.00 and set a "buy" rating for the company in a report on Tuesday. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, WELL Health Technologies currently has a consensus rating of "Moderate Buy" and an average target price of C$6.97.

WELL Health Technologies Price Performance

The company has a market capitalization of C$1.09 billion, a PE ratio of 7.65, a P/E/G ratio of -1.93 and a beta of 1.20. 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 firm has a 50 day simple moving average of C$4.45 and a two-hundred day simple moving average of C$4.27.

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.