Straumann (OTCMKTS:SAUHY) Sees Strong Trading Volume – Here’s Why

Straumann Holding AG (OTCMKTS:SAUHY) saw strong trading volume on Tuesday . 396,130 shares changed hands during mid-day trading, an increase of 138% from the previous session’s volume of 166,698 shares.The stock last traded at $11.92 and had previously closed at $12.24.

Analysts Set New Price Targets

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

Straumann Trading Down 2.4%

The firm’s 50-day moving average price is $11.49 and its two-hundred day moving average price is $12.30.

Straumann Company Profile

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.