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Sonic Healthcare (OTCMKTS:SKHHY) Stock Price Crosses Above 50 Day Moving Average - What's Next?

Sonic Healthcare logo with Medical background

Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-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 traded.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Report on Sonic Healthcare

Sonic Healthcare Stock Up 1.2%

The business's 50 day moving average is $16.51 and its 200-day moving average is $17.14.

Sonic Healthcare Company Profile

(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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