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Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Up - Here's Why

Sonic Healthcare logo with Medical background

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $17.64, but opened at $18.28. Sonic Healthcare shares last traded at $18.28, with a volume of 548 shares trading hands.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on Sonic Healthcare

Sonic Healthcare Stock Up 0.6%

The business has a 50 day simple moving average of $17.34 and a 200-day simple moving average of $17.06.

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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