Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,562 shares, an increase of 83.3% from the September 15th total of 852 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 365,056 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on SKHHY. Zacks Research downgraded shares of Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 22nd. The Goldman Sachs Group cut shares of Sonic Healthcare from a “buy” rating to a “hold” rating in a research note on Sunday. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Sonic Healthcare presently has a consensus rating of “Sell”.
Get Our Latest Stock Analysis on Sonic Healthcare
Sonic Healthcare Price Performance
About Sonic Healthcare
Sonic Healthcare Limited is an Australia-based healthcare company that provides medical diagnostic services. Its principal business is laboratory medicine, including clinical pathology, anatomical pathology, genetics, and other testing services used by physicians, hospitals, and other healthcare providers. The company also offers medical imaging and related diagnostic services in selected markets.
Founded in 1987 and headquartered in Sydney, Sonic Healthcare has expanded from its Australian pathology operations into an international healthcare group.
Further Reading
- Five stocks we like better than Sonic Healthcare
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
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.
