Sonic Healthcare (OTCMKTS:SKHHY) Trading 5.4% Higher – Here’s Why

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHYGet Free Report)’s stock price was up 5.4% during mid-day trading on Thursday . The stock traded as high as $14.93 and last traded at $14.7740. Approximately 70,124 shares traded hands during trading, a decline of 34% from the average daily volume of 106,632 shares. The stock had previously closed at $14.02.

Sonic Healthcare Stock Performance

The company has a fifty day simple moving average of $14.11 and a 200 day simple moving average of $16.16. The company has a current ratio of 1.17, a quick ratio of 1.07 and a debt-to-equity ratio of 0.56.

Sonic Healthcare Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 5th were issued a $0.3643 dividend. The ex-dividend date was Thursday, September 4th. This represents a yield of 391.0%.

About Sonic Healthcare

(Get Free Report)

Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.

Further Reading

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