Sonic Healthcare (OTCMKTS:SKHHY) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHYGet Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.03 and traded as high as $15.43. Sonic Healthcare shares last traded at $15.1980, with a volume of 40,850 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Sonic Healthcare to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce”.

Get Our Latest Analysis on SKHHY

Sonic Healthcare Price Performance

The business’s 50-day simple moving average is $14.03 and its two-hundred day simple moving average is $14.74.

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.

Further Reading

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