Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Up – Should You Buy?

Shares of Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $13.51, but opened at $14.20. Sonic Healthcare shares last traded at $14.20, with a volume of 9,545 shares traded.

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on SKHHY

Sonic Healthcare Stock Performance

The stock’s 50 day moving average price is $13.88 and its two-hundred day moving average price 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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