Straumann (OTCMKTS:SAUHY) Sees Strong Trading Volume – Still a Buy?

Straumann Holding AG (OTCMKTS:SAUHY) shares saw strong trading volume on Friday . 467,328 shares traded hands during trading, an increase of 173% from the previous session’s volume of 170,904 shares.The stock last traded at $11.35 and had previously closed at $11.40.

Wall Street Analyst Weigh In

SAUHY has been the topic of a number of recent research reports. The Goldman Sachs Group lowered Straumann from a “strong-buy” rating to a “neutral” rating in a report on Monday, October 13th. Citigroup restated a “sell” rating on shares of Straumann in a research note on Wednesday, October 22nd. UBS Group upgraded shares of Straumann from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Straumann from a “hold” rating to a “buy” rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Straumann Price Performance

The stock has a 50-day simple moving average of $11.57 and a 200-day simple moving average of $12.19.

Straumann Company Profile

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.