Ramsay Health Care (OTCMKTS:RMYHY) Shares Gap Up - Time to Buy?

Key Points

• Ramsay Health Care's stock price increased significantly from $4.31 to $5.51 after gapping up before the market opened, reflecting a 27.8% increase in trading activity.
• The company announced a dividend of $0.0522 per share, with a yield of 180.0%, set to be paid on October 10th to shareholders on record by September 9th.
• Ramsay Health Care operates approximately 530 healthcare facilities across the Asia Pacific, the UK, France, and Nordics, providing services to both public and private patients.

Ramsay Health Care Ltd. Unsponsored ADR (OTCMKTS:RMYHY - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $4.31, but opened at $5.51. Ramsay Health Care shares last traded at $5.51, with a volume of 1,016 shares changing hands.

Ramsay Health Care Stock Performance

The business has a 50-day moving average price of $5.92 and a two-hundred day moving average price of $5.59.

Ramsay Health Care Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, October 10th. Stockholders of record on Tuesday, September 9th will be given a dividend of $0.0522 per share. This represents a dividend yield of 180.0%. The ex-dividend date is Monday, September 8th.

Ramsay Health Care Company Profile

Ramsay Health Care Limited owns and operates hospitals. The company offers health care services to public and private patients. It operates facilities in approximately 530 locations in the Asia Pacific, the United Kingdom, France, and Nordics. Ramsay Health Care Limited was founded in 1964 and is based in Sydney, Australia.