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WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  WHTCF | T.WELL.DB

WELL Health Technologies Corp. is a Canada-based practitioner-focused digital healthcare company. Its healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. Its business units include Canadian Patient Services, WELL Health USA Patient and Provider Services, and SaaS and Technology Services. Its solutions enable more than 38,000 healthcare providers between the United States and Canada and power owned and operated healthcare ecosystem in Canada with over 200 clinics supporting primary care, specialized care, and diagnostic services. In the United States its solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL Health USA Patient and Provider Services consists of four assets: CRH Medical, Provider Staffing, Circle Medical and Wisp. It provides cybersecurity protection and patient data privacy solutions.


TSX:WELL - Post by User

Comment by butchtennison Nov 23, 2021 9:25am
156 Views
Post# 34156398

RE:RE:Better Upside!!

RE:RE:Better Upside!!WELL Health (TSX:WELL) was put on the map in 2020. The Vancouver-based company owns and operates a portfolio of primary healthcare facilities in North America. However, shares of this TSX stock have dropped 20% in 2021 as of close on November 19. The stock is down 10% from the prior year. The company unveiled its third-quarter 2021 earnings on November 10. Revenues soared 711% year over year to $99.3 million. Meanwhile, it achieved Virtual Services revenue growth of 597%. Adjusted gross profit jumped 890% to $50.0 million. Moreover, adjusted EBITDA came in at $22.3 million up from a $0.2 million loss in the third quarter of 2020. This TSX stock last had an RSI of 35. That puts WELL Health just outside technically oversold territory. It is trading in favourable value territory in comparison to its industry peers. Investors should look to grab WELL Health on the dip right now.
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