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

Key Points

• Sonic Healthcare (OTCMKTS:SKHHY) experienced a significant increase in trading volume, with 136,111 shares traded, a rise of 111% from the previous session.
• The stock price fell by 3.8%, closing at $15.50 down from a prior close of $16.20.
• The company's fifty-day moving average is $17.86, while the two-hundred day moving average stands at $17.21.

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - Get Free Report) saw unusually-high trading volume on Monday . Approximately 136,111 shares were traded during mid-day trading, an increase of 111% from the previous session's volume of 64,503 shares.The stock last traded at $15.50 and had previously closed at $16.20.

Sonic Healthcare Stock Down 0.1%

The company has a fifty day simple moving average of $17.69 and a 200-day simple moving average of $17.13.

Sonic Healthcare Dividend Announcement

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

Sonic Healthcare Company Profile

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.