Straumann (OTCMKTS:SAUHY) Trading 9.7% Higher – What’s Next?

Straumann Holding AG (OTCMKTS:SAUHY)’s stock price was up 9.7% during trading on Thursday . The stock traded as high as $12.8292 and last traded at $12.8292. Approximately 1,274 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 169,923 shares. The stock had previously closed at $11.69.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SAUHY shares. Citigroup restated a “sell” rating on shares of Straumann in a research note on Thursday, April 23rd. Morgan Stanley reiterated an “underweight” rating on shares of Straumann in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.

Straumann Stock Up 4.3%

The stock has a 50 day simple moving average of $11.25 and a 200-day simple moving average of $11.48.

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.