WELL Health Technologies (TSE:WELL) Reaches New 1-Year Low – Here’s Why

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

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on WELL

WELL Health Technologies Price Performance

The company’s fifty day moving average price is C$4.23 and its 200-day moving average price is C$4.19. The stock has a market capitalization of C$918.85 million, a PE ratio of 179.50, a price-to-earnings-growth ratio of -1.93 and a beta of 0.51. The company has a quick ratio of 1.02, a current ratio of 0.80 and a debt-to-equity ratio of 100.05.

WELL Health Technologies (TSE:WELL – Get Free Report) last issued its quarterly earnings results on Monday, November 9th. The company reported C$0.11 EPS for the quarter. The firm had revenue of C$407.40 million for the quarter. WELL Health Technologies had a return on equity of 0.44% and a net margin of 0.25%. Analysts forecast that WELL Health Technologies Corp. will post 0.30 earnings per share for the current year.

WELL Health Technologies Company Profile

(Get Free Report)

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.

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