Ramsay Health Care (OTCMKTS:RMYHY) Reaches New 1-Year High – Here’s What Happened

Ramsay Health Care Ltd. Unsponsored ADR (OTCMKTS:RMYHYGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $9.6950 and last traded at $9.6950, with a volume of 129 shares changing hands. The stock had previously closed at $7.8850.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Ramsay Health Care from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Check Out Our Latest Report on RMYHY

Ramsay Health Care Price Performance

The stock has a 50 day moving average price of $7.91 and a 200-day moving average price of $7.33.

About Ramsay Health Care

(Get Free Report)

Ramsay Health Care Limited is an Australian private healthcare provider that owns and operates hospitals, day-surgery facilities and other healthcare services. Its activities include acute medical and surgical care, rehabilitation, mental health services, specialist clinics and related outpatient services.

The company was founded in 1964 by Australian entrepreneur Paul Ramsay and has grown from a single hospital into an international healthcare group. Ramsay Health Care serves patients primarily in Australia, the United Kingdom and France, including through its investment in Ramsay Santé, a European hospital operator.

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