Straumann (OTCMKTS:SAUHY) Sees Unusually-High Trading Volume – Time to Buy?

Straumann Holding AG (OTCMKTS:SAUHY) shares saw strong trading volume on Friday . 467,328 shares changed hands during mid-day trading, an increase of 173% from the previous session’s volume of 170,904 shares.The stock last traded at $11.35 and had previously closed at $11.40.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Straumann from a “hold” rating to a “buy” rating in a report on Friday, October 31st. The Goldman Sachs Group lowered shares of Straumann from a “strong-buy” rating to a “neutral” rating in a research note on Monday, October 13th. UBS Group raised shares of Straumann from a “sell” rating to a “neutral” rating in a research report on Tuesday, November 4th. Finally, Citigroup restated a “sell” rating on shares of Straumann in a research report on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Straumann Stock Performance

The stock has a fifty day simple moving average of $11.57 and a 200-day simple moving average of $12.19.

About Straumann

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.