Well health stock globe and mail
You're referring to the "Well Health Technologies Corp." stock, which is listed on the Toronto Stock Exchange (TSX) under the ticker symbol "WELL". Here's a brief overview of the company and its stock performance:
Company Overview: Well Health Technologies Corp. is a Canadian digital health company that provides a platform for healthcare providers to connect with patients and manage their care. The company's platform offers a range of services, including telemedicine, electronic health records, and patient engagement tools.
Stock Performance: As of March 2023, the stock price of Well Health Technologies Corp. is around $2.50 CAD per share. Here's a brief look at the stock's performance over the past year:
- 1-year high: $4.50 CAD per share
- 1-year low: $1.80 CAD per share
- 52-week range: $1.80 CAD - $4.50 CAD per share
- Market capitalization: approximately $1.3 billion CAD
Recent News and Developments: Well Health Technologies Corp. has been making headlines in recent months due to its growth strategy and partnerships. Here are a few recent developments:
- In January 2023, the company announced a partnership with the Canadian Medical Association to provide telemedicine services to its members.
- In November 2022, Well Health Technologies Corp. acquired a majority stake in a Canadian medical billing company, expanding its presence in the medical billing market.
- In October 2022, the company announced a partnership with a leading Canadian pharmacy chain to provide telemedicine services to its patients.
Analyst Estimates: According to Thomson Reuters, the average 12-month target price for Well Health Technologies Corp. is around $3.50 CAD per share, with a high estimate of $5.00 CAD per share and a low estimate of $2.50 CAD per share.
Risk Factors: As with any stock, there are risks associated with investing in Well Health Technologies Corp. Some of the key risks include:
- Competition in the digital health space
- Regulatory changes affecting the healthcare industry
- Dependence on partnerships and contracts
- Cybersecurity risks
It's essential to do your own research and consider these risks before making an investment decision.