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Sonic Healthcare (OTCMKTS:SKHHY) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Sonic Healthcare logo with Medical background

Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $16.45 and traded as high as $17.25. Sonic Healthcare shares last traded at $17.19, with a volume of 36,187 shares trading hands.

Analyst Ratings Changes

A number of research firms have issued reports on SKHHY. Morgan Stanley set a $28.10 target price on shares of Sonic Healthcare in a research report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of Sonic Healthcare to a "strong-buy" rating in a research report on Friday, April 4th.

Read Our Latest Stock Analysis on SKHHY

Sonic Healthcare Price Performance

The business's 50-day moving average is $16.49 and its two-hundred day moving average is $17.13.

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.

Further Reading

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