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Sonic Healthcare (OTCMKTS:SKHHY) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Sonic Healthcare logo with Medical background

Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report)'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $16.60 and traded as high as $17.79. Sonic Healthcare shares last traded at $17.28, with a volume of 41,054 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SKHHY. 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 price target on Sonic Healthcare in a research note on Wednesday, March 19th.

Get Our Latest Report on Sonic Healthcare

Sonic Healthcare Stock Down 0.5%

The business has a fifty day moving average of $16.60 and a 200 day moving average of $17.14.

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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