Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Down – What’s Next?

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $12.96, but opened at $12.60. Sonic Healthcare shares last traded at $13.3145, with a volume of 28,163 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat.com, Sonic Healthcare presently has an average rating of “Sell”.

Check Out Our Latest Analysis on SKHHY

Sonic Healthcare Price Performance

The stock has a fifty day moving average price of $14.30 and a 200 day moving average price of $14.21.

About Sonic Healthcare

(Get Free Report)

Sonic Healthcare Limited is an Australia-based healthcare company that provides medical diagnostic services. Its principal business is laboratory medicine, including clinical pathology, anatomical pathology, genetics, and other testing services used by physicians, hospitals, and other healthcare providers. The company also offers medical imaging and related diagnostic services in selected markets.

Founded in 1987 and headquartered in Sydney, Sonic Healthcare has expanded from its Australian pathology operations into an international healthcare group.

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