Straumann (OTCMKTS:SAUHY) Shares Gap Down – Time to Sell?

Straumann Holding AG (OTCMKTS:SAUHYGet Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $12.25, but opened at $11.86. Straumann shares last traded at $11.92, with a volume of 38,063 shares.

Wall Street Analysts Forecast Growth

SAUHY has been the topic of a number of recent research reports. Morgan Stanley reaffirmed an “underweight” rating on shares of Straumann in a research note on Tuesday, June 30th. Citigroup reissued a “sell” rating on shares of Straumann in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Straumann in a research report on Tuesday, June 30th. Barclays reaffirmed an “overweight” rating on shares of Straumann in a research note on Thursday, June 18th. Finally, BMO Capital Markets began coverage on Straumann in a report on Wednesday, July 8th. They issued an “outperform” rating for the company. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Straumann presently has an average rating of “Hold”.

Get Our Latest Stock Report on Straumann

Straumann Stock Performance

The stock’s fifty day moving average is $12.58 and its 200-day moving average is $11.70.

About Straumann

(Get Free Report)

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.

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