Sonic Healthcare (OTCMKTS:SKHHY) Shares Up 5.2% – Still a Buy?

Shares of Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHYGet Free Report) were up 5.2% on Friday . The company traded as high as $14.34 and last traded at $14.0440. Approximately 13,914 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 113,366 shares. The stock had previously closed at $13.35.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Sonic Healthcare to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Sonic Healthcare has an average rating of “Reduce”.

Check Out Our Latest Report on Sonic Healthcare

Sonic Healthcare Price Performance

The stock’s 50-day moving average is $13.90 and its 200-day moving average is $14.90.

About Sonic Healthcare

(Get Free Report)

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.

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