WELL deepens its offerings

Article Excerpt

WELL HEALTH TECHNOLOGIES $3.14 is a buy. The company (Toronto symbol WELL; TSINetwork Rating: Speculative) (www.well.company; Shares o/s: 130.7 million; Market cap: $405.3 million; No divd.) provides Electronic Medical Records software and services to a network of 1,900 medical clinics (of which it owns 20). It also operates a national telehealth service and provides digital health technology software. The company will now buy cybersecurity firm Cycura Inc. for $2.55 million. For WELL, the acquisition lets it add an extra layer of cybersecurity to its digital healthcare offerings. Adding to its appeal, Cycura also provides its cybersecurity services to a number of high-profile firms in various industries across Canada, including healthcare related clients focusing on mental health, telemedicine, health insurance and benefits. Well Health is a buy. buy…