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Ramsay Health Care (OTCMKTS:RMYHY) Trading 5.6% Higher - Here's What Happened

Ramsay Health Care logo with Medical background

Shares of Ramsay Health Care Limited (OTCMKTS:RMYHY - Get Free Report) rose 5.6% during mid-day trading on Wednesday . The stock traded as high as $5.35 and last traded at $5.30. Approximately 688 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 678 shares. The stock had previously closed at $5.02.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada downgraded Ramsay Health Care from a "moderate buy" rating to a "hold" rating in a research note on Friday, March 14th.

Check Out Our Latest Stock Report on Ramsay Health Care

Ramsay Health Care Stock Up 5.6 %

The stock has a fifty day moving average of $5.22 and a 200 day moving average of $5.73.

Ramsay Health Care Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 11th. Investors of record on Monday, March 10th were paid a dividend of $0.063 per share. The ex-dividend date was Monday, March 10th. This is an increase from Ramsay Health Care's previous dividend of $0.05.

About Ramsay Health Care

(Get Free Report)

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.

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