Fisher & Paykel Healthcare (OTCMKTS:FSPKF) Shares Up 9.4% – What’s Next?

Fisher & Paykel Healthcare Co. Limited (OTCMKTS:FSPKF) traded up 9.4% during trading on Tuesday . The stock traded as high as $24.1750 and last traded at $24.1750. 2,000 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 3,470 shares. The stock had previously closed at $22.10.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded shares of Fisher & Paykel Healthcare to a “sector perform” rating in a report on Tuesday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Fisher & Paykel Healthcare presently has a consensus rating of “Hold”.

Fisher & Paykel Healthcare Price Performance

The business has a 50 day moving average of $21.96 and a two-hundred day moving average of $21.20.

About Fisher & Paykel Healthcare

Fisher & Paykel Healthcare Corporation Limited is a New Zealand-based medical device company that specializes in the design, manufacture and marketing of products and systems for respiratory care and the treatment of obstructive sleep apnea. Headquartered in Auckland, the company focuses on delivering therapeutic solutions that enhance patient outcomes across a range of acute and chronic respiratory conditions.

The company’s product portfolio includes humidification systems used in mechanical ventilation, high-flow nasal cannula therapy devices for adult and neonatal care, continuous positive airway pressure (CPAP) machines and interfaces for sleep apnea treatment, as well as medical devices for non-invasive ventilation.