The Goldman Sachs Group upgraded shares of Ramsay Health Care (OTCMKTS:RMYHY – Free Report) from a hold rating to a strong-buy rating in a report published on Thursday morning,Zacks.com reports.
Ramsay Health Care Price Performance
RMYHY stock opened at $8.91 on Thursday. The company’s 50-day moving average is $7.41 and its 200-day moving average is $7.08. Ramsay Health Care has a 1 year low of $4.31 and a 1 year high of $9.55.
About Ramsay Health Care
Ramsay Health Care is a leading global hospital and healthcare services provider headquartered in Sydney, Australia. Founded in 1964 by Paul Ramsay, the company has grown from a single private hospital to one of the world’s largest operators of private acute care facilities. Over the decades, Ramsay has expanded its capabilities to include a diverse portfolio of medical services, including surgical procedures, diagnostic imaging, rehabilitation therapies, subacute care and mental health programs.
The company’s core business revolves around the ownership, management and operation of acute care hospitals, medical centres and day surgery facilities.
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