Straumann (OTCMKTS:SAUHY) Trading 9.7% Higher – What’s Next?

Straumann Holding AG (OTCMKTS:SAUHY)’s stock price traded up 9.7% during trading on Thursday . The company traded as high as $12.8292 and last traded at $12.8292. 1,274 shares were traded during mid-day trading, a decline of 99% from the average session volume of 169,923 shares. The stock had previously closed at $11.69.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Citigroup reaffirmed a “sell” rating on shares of Straumann in a research report on Thursday, April 23rd. Morgan Stanley reaffirmed an “underweight” rating on shares of Straumann in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Straumann presently has a consensus rating of “Reduce”.

Straumann Stock Up 4.3%

The firm has a 50 day moving average price of $11.25 and a 200 day moving average price of $11.48.

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.