WELL Health Technologies (TSE:WELL) Announces Earnings Results

WELL Health Technologies (TSE:WELLGet Free Report) issued its quarterly earnings results on Thursday. The company reported C$0.04 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$400.43 million during the quarter. WELL Health Technologies had a net margin of 1.82% and a return on equity of 3.15%.

WELL Health Technologies Trading Down 2.0%

TSE WELL traded down C$0.08 during mid-day trading on Thursday, reaching C$4.01. 1,621,379 shares of the stock were exchanged, compared to its average volume of 1,407,908. WELL Health Technologies has a 1-year low of C$3.58 and a 1-year high of C$6.08. The business’s fifty day simple moving average is C$4.30 and its 200 day simple moving average is C$4.15. The stock has a market capitalization of C$1.02 billion, a PE ratio of 36.45, a PEG ratio of -1.93 and a beta of 0.90. The company has a debt-to-equity ratio of 91.15, a quick ratio of 1.02 and a current ratio of 0.83.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on WELL shares. Canaccord Genuity Group boosted their price objective on shares of WELL Health Technologies from C$6.50 to C$7.75 and gave the stock a “buy” rating in a report on Thursday, July 9th. Stifel Nicolaus raised their price objective on shares of WELL Health Technologies from C$8.00 to C$8.25 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, Canadian Imperial Bank of Commerce lifted their price objective on WELL Health Technologies from C$5.50 to C$6.00 and gave the stock an “outperformer” rating in a research report on Wednesday, June 3rd. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, WELL Health Technologies currently has an average rating of “Buy” and an average target price of C$7.12.

Check Out Our Latest Report on WELL

About WELL Health Technologies

(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.

See Also

Earnings History for WELL Health Technologies (TSE:WELL)

Receive News & Ratings for WELL Health Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WELL Health Technologies and related companies with MarketBeat.com's FREE daily email newsletter.