Straumann (OTCMKTS:SAUHY) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• Straumann Holding AG experienced an unusual spike in trading volume, with approximately 604,271 shares traded, marking a 608% increase from the previous session.
• Wells Fargo & Company has upgraded Straumann's rating to "strong-buy," reflecting potential optimism for the stock's future performance.
• The current stock price is $12.56, slightly down from its previous close of $12.60, and its 50-day moving average stands at $13.04.

Straumann Holding AG (OTCMKTS:SAUHY - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 604,271 shares changed hands during trading, an increase of 608% from the previous session's volume of 85,339 shares.The stock last traded at $12.56 and had previously closed at $12.60.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised shares of Straumann to a "strong-buy" rating in a research report on Wednesday, April 9th.

Straumann Stock Up 0.2%

The stock has a 50 day moving average of $13.04 and a 200-day moving average of $13.01.

About Straumann

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.