Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Up – Time to Buy?

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) gapped up before the market opened on Tuesday . The stock had previously closed at $13.56, but opened at $14.3299. Sonic Healthcare shares last traded at $14.3299, with a volume of 24,203 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Sonic Healthcare from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 22nd. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Sonic Healthcare Stock Up 1.2%

The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.90. The business has a 50-day moving average of $14.92 and a 200 day moving average of $14.52.

About Sonic Healthcare

Sonic Healthcare Limited is an Australian healthcare company that provides medical diagnostic services. Its principal activities include laboratory medicine, pathology and diagnostic imaging, supporting physicians, hospitals and other healthcare providers with testing and clinical information used in the diagnosis and management of disease.

The company operates laboratories, collection centers and related diagnostic facilities, offering services such as clinical pathology, anatomical pathology, molecular testing, genetics and other specialized laboratory investigations.