Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Up – Should You Buy?

by · The Markets Daily

Shares of Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $13.51, but opened at $14.20. Sonic Healthcare shares last traded at $14.20, with a volume of 9,545 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Sonic Healthcare to a “hold” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Sonic Healthcare presently has an average rating of “Reduce”.

Read Our Latest Research Report on Sonic Healthcare

Sonic Healthcare Stock Up 2.2%

The company’s 50 day simple moving average is $13.88 and its 200 day simple moving average is $14.90.

Sonic Healthcare Company Profile

(Get Free Report)

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.

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