Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday. The company traded as low as $12.58 and last traded at $12.69, with a volume of 1,403 shares trading hands. The stock had previously closed at $12.75.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on SKHHY. Zacks Research lowered 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 downgraded shares of Sonic Healthcare from a “buy” rating to a “hold” rating in a research note on Sunday, October 11th. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Research Report on SKHHY
Sonic Healthcare Stock Performance
The firm has a 50-day moving average price of $13.99 and a two-hundred day moving average price of $14.16.
Sonic Healthcare Company Profile
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.
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