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Sonic Healthcare (OTCMKTS:SKHHY) Sees Strong Trading Volume - Time to Buy?

Sonic Healthcare logo with Medical background

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - Get Free Report) shares saw strong trading volume on Monday . 273,378 shares traded hands during trading, an increase of 418% from the previous session's volume of 52,803 shares.The stock last traded at $17.00 and had previously closed at $17.01.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SKHHY. The Goldman Sachs Group raised Sonic Healthcare to a "strong-buy" rating in a research report on Friday, April 4th. Morgan Stanley set a $28.10 price objective on Sonic Healthcare in a report on Wednesday, March 19th.

View Our Latest Stock Report on SKHHY

Sonic Healthcare Stock Performance

The business has a 50 day moving average of $16.96 and a 200 day moving average of $17.05.

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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