Straumann (OTCMKTS:SAUHY) Shares Gap Down – What’s Next?

Straumann Holding AG (OTCMKTS:SAUHY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $11.69, but opened at $11.11. Straumann shares last traded at $11.1935, with a volume of 3,148 shares.

Analysts Set New Price Targets

SAUHY has been the topic of a number of research analyst reports. Citigroup reiterated a “sell” rating on shares of Straumann in a report on Thursday. Morgan Stanley reaffirmed an “underweight” rating on shares of Straumann in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Straumann Stock Performance

The business’s 50 day simple moving average is $10.98 and its two-hundred day simple moving average is $11.57.

About Straumann

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.