WELL Health Technologies (TSE:WELL) Shares Down 1.2% – Time to Sell?

WELL Health Technologies Corp. (TSE:WELL)’s stock price fell 1.2% on Friday . The stock traded as low as C$4.26 and last traded at C$4.27. 1,135,633 shares traded hands during trading, a decline of 22% from the average session volume of 1,461,957 shares. The stock had previously closed at C$4.32.

Wall Street Analysts Forecast Growth

Separately, Scotiabank dropped their target price on shares of WELL Health Technologies from C$7.00 to C$6.50 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$6.25.

WELL Health Technologies Price Performance

The company has a debt-to-equity ratio of 82.33, a quick ratio of 1.02 and a current ratio of 1.03. The company’s fifty day simple moving average is C$4.06 and its two-hundred day simple moving average is C$4.17. The stock has a market capitalization of C$1.09 billion, a PE ratio of -142.33, a P/E/G ratio of -1.93 and a beta of 0.94.

WELL Health Technologies (TSE:WELL) last posted its earnings results on Thursday, March 19th. The company reported C$0.20 earnings per share for the quarter. WELL Health Technologies had a negative net margin of 0.53% and a negative return on equity of 0.87%. The firm had revenue of C$384.77 million during the quarter. As a group, sell-side analysts predict that WELL Health Technologies Corp. will post 0.3000698 EPS for the current year.

WELL Health Technologies Company Profile

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. Its segments are grouped in three divisions; Omni-channel Patient Services – Primary includes clinical operations and allied health. Omni-channel Patient Services – Specialized comprises CRH and MyHealth under two segments.