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

Key Points

• Sonic Healthcare's stock price gapped down from $14.14 to $13.56 before opening, with the last traded price at $14.18 on a volume of 137,826 shares.
• The company declared a dividend of $0.3643 per share with a high yield of 391.0%, paid to shareholders on September 29th.
• Sonic Healthcare offers a range of medical diagnostic services, including laboratory testing and radiology services, catering to medical practitioners and patients.

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - )'s stock price gapped down before the market opened on Monday . The stock had previously closed at $14.14, but opened at $13.56. Sonic Healthcare shares last traded at $14.18, with a volume of 137,826 shares traded.

Sonic Healthcare Stock Performance

The stock's 50 day moving average is $15.34 and its 200 day moving average is $16.53. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 0.56.

Sonic Healthcare Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 5th were issued a dividend of $0.3643 per share. This represents a dividend yield of 391.0%. The ex-dividend date was Thursday, September 4th.

About Sonic Healthcare

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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