Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Up – Time to Buy?

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $13.56, but opened at $14.3299. Sonic Healthcare shares last traded at $14.3299, with a volume of 24,203 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Read Our Latest Analysis on Sonic Healthcare

Sonic Healthcare Price Performance

The stock has a 50-day simple moving average of $14.92 and a 200-day simple moving average of $14.52. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.90.

About Sonic Healthcare

(Get Free Report)

Sonic Healthcare Limited is an Australian healthcare company that provides medical diagnostic services. Its principal activities include laboratory medicine, pathology and diagnostic imaging, supporting physicians, hospitals and other healthcare providers with testing and clinical information used in the diagnosis and management of disease.

The company operates laboratories, collection centers and related diagnostic facilities, offering services such as clinical pathology, anatomical pathology, molecular testing, genetics and other specialized laboratory investigations.

Further Reading

Receive News & Ratings for Sonic Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonic Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.