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Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Down - Here's What Happened

Sonic Healthcare logo with Medical background

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $17.21, but opened at $16.44. Sonic Healthcare shares last traded at $17.15, with a volume of 130,833 shares.

Analysts Set New Price Targets

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

Read Our Latest Analysis on SKHHY

Sonic Healthcare Stock Performance

The company has a 50-day moving average of $16.87 and a 200 day moving average of $17.09.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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