Straumann (OTCMKTS:SAUHY) Shares Gap Down – Should You Sell?

Straumann Holding AG (OTCMKTS:SAUHY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $12.72, but opened at $12.12. Straumann shares last traded at $12.3780, with a volume of 29,242 shares changing hands.

Wall Street Analysts Forecast Growth

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

Straumann Stock Down 2.8%

The company has a 50 day moving average of $11.49 and a two-hundred day moving average of $12.30.

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.