Straumann (OTCMKTS:SAUHY) Shares Gap Down – Here’s Why

Straumann Holding AG (OTCMKTS:SAUHY)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $11.56, but opened at $10.97. Straumann shares last traded at $11.48, with a volume of 6,378 shares trading hands.

Analyst Upgrades and Downgrades

SAUHY has been the subject of several analyst reports. Morgan Stanley reiterated an “underweight” rating on shares of Straumann in a report on Tuesday, April 14th. Citigroup reiterated a “sell” rating on shares of Straumann in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce”.

Straumann Trading Down 0.9%

The firm’s fifty day simple moving average is $10.74 and its 200 day simple moving average is $11.52.

About Straumann

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.