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Sonic Healthcare (OTCMKTS:SKHHY) Sees Large Volume Increase - Here's Why

Sonic Healthcare logo with Medical background

Key Points

  • Sonic Healthcare shares experienced a significant trading volume increase of 142%, with approximately 160,214 shares traded, compared to 66,154 the previous session.
  • The company announced a $0.3643 dividend to be paid on September 29th, offering a remarkable yield of 391.0% for shareholders of record as of September 5th.
  • Sonic Healthcare provides a range of medical diagnostic services, including laboratory testing and radiology services, catering to medical practitioners and hospitals.
  • MarketBeat previews the top five stocks to own by October 1st.

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 160,214 shares traded hands during trading, an increase of 142% from the previous session's volume of 66,154 shares.The stock last traded at $15.52 and had previously closed at $15.68.

Sonic Healthcare Stock Performance

The firm's 50 day moving average is $17.67 and its two-hundred day moving average is $17.10.

Sonic Healthcare Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 5th will be given a $0.3643 dividend. The ex-dividend date is Thursday, September 4th. This represents a yield of 391.0%.

About Sonic Healthcare

(Get Free Report)

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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