WELL Health Technologies Corp. (OTCMKTS:WLYYF) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 956,400 shares, a decline of 21.3% from the June 30th total of 1,214,800 shares. Based on an average daily trading volume, of 54,300 shares, the short-interest ratio is presently 17.6 days.
A number of equities research analysts recently weighed in on WLYYF shares. TD Securities dropped their price target on shares of WELL Health Technologies from C$11.00 to C$10.50 and set a “buy” rating for the company in a research note on Friday, July 16th. Scotiabank assumed coverage on shares of WELL Health Technologies in a research note on Monday, July 19th. They issued a “sector perform” rating and a $10.00 target price for the company. Canaccord Genuity upped their target price on shares of WELL Health Technologies from C$11.00 to C$12.00 and gave the company a “buy” rating in a research note on Tuesday, June 8th. Finally, CIBC upped their target price on shares of WELL Health Technologies from C$9.00 to C$11.00 and gave the company an “outperform” rating in a research note on Tuesday, June 8th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $11.40.
WELL Health Technologies stock opened at $5.87 on Monday. WELL Health Technologies has a twelve month low of $2.61 and a twelve month high of $8.00. The firm has a 50 day moving average of $6.30.
WELL Health Technologies Company Profile
WELL Health Technologies Corp. owns and operates a portfolio of primary healthcare facilities in Canada and the United States. The company also provides digital electronic medical records (EMR) software services; and telehealth services. As of March 29, 2021, it operated 27 medical clinics; and provided digital EMR software and services to approximately 2,200 medical clinics across Canada.
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