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Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Down - Should You Sell?

Sonic Healthcare logo with Medical background

Key Points

  • Sonic Healthcare's shares gapped down from a previous close of $18.57 to open at $17.88, with recent trading at $18.29.
  • The company's fifty day moving average is $17.77 and its 200 day moving average is $17.20, indicating potential trends in stock performance.
  • Sonic Healthcare provides a range of medical diagnostic services, including laboratory testing and radiology services to various healthcare providers.
  • MarketBeat previews the top five stocks to own by October 1st.

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $18.57, but opened at $17.88. Sonic Healthcare shares last traded at $18.29, with a volume of 19,391 shares trading hands.

Sonic Healthcare Price Performance

The business has a 50-day simple moving average of $17.86 and a two-hundred day simple moving average of $17.21.

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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