Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 14,400 shares, a decline of 44.2% from the April 30th total of 25,800 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 86,300 shares, the days-to-cover ratio is currently 0.2 days.
Analysts Set New Price Targets
SKHHY has been the topic of a number of recent research reports. The Goldman Sachs Group raised shares of Sonic Healthcare to a "strong-buy" rating in a report on Friday, April 4th. Morgan Stanley set a $28.10 price objective on shares of Sonic Healthcare in a research report on Wednesday, March 19th.
Check Out Our Latest Research Report on Sonic Healthcare
Sonic Healthcare Stock Performance
OTCMKTS:SKHHY traded up $0.13 during midday trading on Friday, reaching $17.21. The stock had a trading volume of 13,672 shares, compared to its average volume of 47,418. The firm has a fifty day simple moving average of $16.49 and a two-hundred day simple moving average of $17.13. Sonic Healthcare has a 12-month low of $14.47 and a 12-month high of $20.59.
Sonic Healthcare Company Profile
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Sonic Healthcare Limited offers medical diagnostic services to medical practitioners, hospitals, community health services, and their collective patients. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.
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