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Sonic Healthcare (OTCMKTS:SKHHY) Stock Price Crosses Above Fifty Day Moving Average - What's Next?

Sonic Healthcare logo with Medical background

Shares of Sonic Healthcare Limited (OTCMKTS:SKHHY - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $16.35 and traded as high as $17.30. Sonic Healthcare shares last traded at $17.22, with a volume of 31,558 shares traded.

Wall Street Analyst Weigh In

SKHHY has been the topic of several analyst reports. Morgan Stanley set a $28.10 price objective on shares of Sonic Healthcare in a report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of Sonic Healthcare to a "strong-buy" rating in a research report on Friday, April 4th.

Get Our Latest Research Report on Sonic Healthcare

Sonic Healthcare Stock Performance

The firm's 50 day moving average is $16.40 and its two-hundred day moving average is $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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