WELL Health Technologies (TSE:WELL) Sets New 1-Year High - Still a Buy?

WELL Health Technologies Corp. (TSE:WELL - Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as C$7.21 and last traded at C$7.16, with a volume of 164546 shares changing hands. The stock had previously closed at C$7.10.

Analyst Ratings Changes

A number of brokerages recently issued reports on WELL. Ventum Financial dropped their target price on WELL Health Technologies from C$8.00 to C$7.00 and set a "buy" rating on the stock in a research report on Tuesday, October 29th. CIBC lifted their price objective on shares of WELL Health Technologies from C$5.25 to C$7.00 in a report on Friday, December 13th. TD Securities boosted their price objective on shares of WELL Health Technologies from C$8.00 to C$8.50 in a research report on Tuesday, December 17th. Scotiabank raised their target price on shares of WELL Health Technologies from C$6.00 to C$7.00 in a research report on Monday, December 16th. Finally, Haywood Securities boosted 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 Up 1.5 %

The stock has a 50-day moving average of C$5.40 and a 200-day moving average of C$4.81. The company has a debt-to-equity ratio of 41.57, a current ratio of 1.25 and a quick ratio of 1.02. The firm has a market cap of C$1.80 billion, a price-to-earnings ratio of 12.65, a P/E/G ratio of -1.93 and a beta of 1.20.

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.