Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 6,600 shares, a decline of 54.2% from the May 15th total of 14,400 shares. Based on an average daily volume of 66,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's shares are short sold.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. The Goldman Sachs Group upgraded Sonic Healthcare to a "strong-buy" rating in a research report on Friday, April 4th. Morgan Stanley set a $28.10 target price on Sonic Healthcare in a research report on Wednesday, March 19th.
View Our Latest Stock Report on SKHHY
Sonic Healthcare Trading Down 1.3%
Shares of OTCMKTS SKHHY traded down $0.23 during trading on Friday, reaching $17.47. The stock had a trading volume of 67,603 shares, compared to its average volume of 51,067. Sonic Healthcare has a fifty-two week low of $14.47 and a fifty-two week high of $20.59. The business's 50-day moving average price is $16.80 and its 200-day moving average price is $17.11.
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.
Further Reading
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