Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $13.48 and traded as high as $14.0280. Sonic Healthcare shares last traded at $13.61, with a volume of 29,191 shares changing hands.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the company. The Goldman Sachs Group lowered Sonic Healthcare from a “buy” rating to a “hold” rating in a research note on Sunday, October 11th. Zacks Research raised Sonic Healthcare from a “strong sell” rating to a “hold” rating in a research note on Monday, October 19th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.
View Our Latest Stock Report on Sonic Healthcare
Sonic Healthcare Price Performance
The business’s fifty day moving average is $13.48 and its 200-day moving average is $14.51.
About Sonic Healthcare
Sonic Healthcare Limited is an Australian healthcare company specializing in medical diagnostics. Its principal business is laboratory medicine, providing pathology and clinical testing services used to diagnose, monitor and manage a broad range of medical conditions. The company serves hospitals, physicians, healthcare organizations and patients through networks of medical laboratories and collection centers.
Sonic Healthcare also operates medical imaging businesses in selected markets and provides related healthcare services, including occupational health and primary care offerings in Australia.
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