WELL Health Technologies Corp. (TSE:WELL) Receives Average Recommendation of “Moderate Buy” from Analysts

WELL Health Technologies Corp. (TSE:WELL) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$8.20.

Separately, CIBC raised their price target on WELL Health Technologies from C$5.25 to C$6.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd.

WELL Health Technologies Stock Down 1.3%

Shares of WELL opened at C$4.44 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.14 and a debt-to-equity ratio of 46.79. The business has a fifty day moving average of C$5.02 and a 200 day moving average of C$4.57. The company has a market cap of C$1.13 billion, a PE ratio of -49.33, a P/E/G ratio of -1.93 and a beta of 1.05. WELL Health Technologies has a 52-week low of C$3.68 and a 52-week high of C$7.36.

Insider Activity at WELL Health Technologies

In other news, insider Eva Fong sold 15,000 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of C$4.75, for a total value of C$71,250.00. Following the sale, the insider directly owned 1,973,819 shares in the company, valued at approximately C$9,375,640.25. This trade represents a 0.75% decrease in their position. Insiders own 6.80% of the company’s stock.

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.