Straumann (OTCMKTS:SAUHY) Shares Gap Up – Should You Buy?

Straumann Holding AG (OTCMKTS:SAUHY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $11.71, but opened at $12.90. Straumann shares last traded at $13.0380, with a volume of 7,788 shares changing hands.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on SAUHY shares. Morgan Stanley reissued an “underweight” rating on shares of Straumann in a research note on Tuesday, April 14th. Citigroup reissued a “sell” rating on shares of Straumann in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Straumann presently has a consensus rating of “Reduce”.

Straumann Price Performance

The company’s fifty day moving average is $11.20 and its two-hundred day moving average is $11.47.

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.