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Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Down - Time to Sell?

Sonic Healthcare logo with Medical background

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - Get Free Report)'s stock price 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 traded.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. 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 target price on shares of Sonic Healthcare in a research report on Wednesday, March 19th.

Check Out Our Latest Stock Analysis on Sonic Healthcare

Sonic Healthcare Stock Performance

The company's 50-day moving average is $16.96 and its 200 day moving average is $17.07.

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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